Siemens Health covered on first day as gentle range works

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Siemens Health covered on first day as gentle range works

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Siemens' CEO Joe Kaeser issues a statement during Siemens AG's annual press conference at the company's headquarters in Munich, Germany, 9 November 2017. Photo: Tobias Hase/dpa | Tobias Hase/DPA/PA Images

The IPO of Siemens Healthineers was covered on day one of its bookbuild on Tuesday after its parent, Siemens, set a price range designed to please potential investors in the IPO of its medical technology division.

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