Siemens Healthineers is set to acquire Varian Medical Systems in a $16.4 billion takeover.
The transaction is one of the largest of the year to date and gives acquirer Siemens Healthineers a foothold in the growing area of cancer treatment.
August 03, 2020 at 06:41 AM
1 minute read
Senior Reporter
Latham & Watkins and Wachtell, Lipton, Rosen & Katz are advising on the multi-billion dollar tie-up between healthcare giants Siemens Healthineers and Varian Medical Systems.
Siemens Healthineers, which spun off from German parent company Siemens in 2018, is set to acquire U.S. rival Varian for $16.4 billion in what is one of the largest M&A deals of the year to date.
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