Siemens sells part of its stake in Siemens Healthineers

Siemens sells part of its stake in Siemens Healthineers
Banking & Financial Services
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Joel Kirsch U.S. Chief Regulatory Counsel and Compliance Officer for the Americas | Siemens Financial Services

Siemens has announced the sale of a portion of its stake in Siemens Healthineers. The company plans to use the net proceeds from this transaction for general corporate purposes. In line with standard practices, Siemens has agreed to a lock-up period lasting 90 calendar days.

The shares are being offered exclusively to qualified investors through a private placement using an accelerated bookbuilding process, which is set to begin immediately following this announcement.