Siemens Heathineers to Buy Varian in $16.4 Billion Deal

Aug.03 — Siemens Healthineers AG Chief Executive Officer Bernd Montag discusses the company’s agreement to buy Varian Medical Systems for about $16.4 billion in cash in the biggest medical acquisition of the year, giving Healthineers a sizable market share in the rapidly growing field of cancer treatment. Montag speaks on “Bloomberg Daybreak: Europe.”

In This Story: Siemens

Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad.

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