Investors must wait till 2018 for Siemens’ IPO of Healthineers
Siemens, the German machinery group, on Thursday broke its long silence on the timing of the IPO of its high margin healthcare technology business, which makes around 40% of its profits.
Investors hoping that the IPO would come in the autumn of 2017 will be disappointed. The flotation of Siemens Healthineers, as it has been called since May 2016, will go ahead at some point in the first half of 2018, the company said.“I don’t know if ...
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