Clifford Chance (CC) and Latham & Watkins have bagged the mandates on the $1.3bn (£770m) cash sale of German engineering group Siemens' hospital IT business to US provider Cerner.
August 07, 2014 at 10:31 AM
1 minute read
The original version of this story was published on Legalweek
Clifford Chance (CC) and Latham & Watkins have bagged the mandates on the $1.3bn (£770m) cash sale of German engineering group Siemens’ hospital IT business to US provider Cerner.
The two firms are expected to enter a strategic alliance linking Cerner’s health IT business and Siemens’s medical devices and imaging arm in the first quarter of 2015, subject to regulatory approval.
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