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Siemens Set to Raise €1.4 Billion in Healthineers Stake Sale

(Bloomberg) -- Siemens AG is likely to raise about €1.4 billion ($1.5 billion) from the sale of a roughly 2.3% stake in Siemens Healthineers AG, the medical technology unit it listed in 2018, after increasing the size of the deal. Trump to Halt NY Congestion Pricing by Terminating Approval Sorry, Kids: Disney's New York Headquarters Is for Grown-Ups Why Barcelona Bought the Building That Symbolizes Its Housing Crisis Child Migrant Watchdog Gutted in DOGE Cuts Por qué Barcelona compró el edificio que simboliza su crisis inmobiliaria The German group increased the number of Healthineers shares offered to around 26.5 million from 22 million, and was expected to price them at €54.65 each, according to terms seen by Bloomberg. Demand exceeded the shares available by several times, the terms show. The price would represent a discount of about 2.9% from the close on Wednesday of €56.28 each, according to Bloomberg calculations. The sale comes after Siemens said last year it could sell shares in Siemens Healthineers to pay for its $10.6 billion acquisition of Altair Engineering Inc. The proceeds will go to fund general corporate purposes, according to the release. Siemens has also said it plans to sell a €2.5 billion stake in Siemens Energy AG to fund the Altair deal. Barclays Plc, BNP Paribas SA and Morgan Stanley are arranging the deal, according to the terms. Investors have raised $6.3 billion in Europe this year through overnight placings, with corporate shareholders leading the charge, according to data compiled by Bloomberg. Pfizer Inc. sold a $3.1 billion stake in Sensodyne-maker Haleon Plc last month, just a day after Reinet Investments SCA exited its $1.5 billion stake in British American Tobacco Plc. --With assistance from Wilfried Eckl-Dorna and Bre Bradham. (Updates with price guidance, number of shares in first three paragraphs.) How Med Spas Conquered America Before DeepSeek Blew Up, Chatbot Arena Announced Its Arrival The Startup That Stepped In When the Baby Formula Supply Chain Broke The Undocumented Workers Who Helped Build Elon Musk's Texas Gigafactory The Unicorn Boom Is Over, and Startups Are Getting Desperate ©2025 Bloomberg L.P.