Siemens Healthineers to acquire Varian Medical Systems Inc for $16.4 billion

Siemens Healthineers to acquire Varian Medical Systems Inc for $16.4 billion
Industrial conglomerate Siemens, which spun off Healthineers in 2018 but retains a controlling stake, will provide bridge financing for the deal, which seeks to create a global leader in cancer care solutions by 2025.