Siemens Healthineers plans to acquire Varian to advance fight against cancer and strengthen its position in healthcare

Aug 02, 2020

Siemens Healthineers AG (Frankfurt: SHL) and Varian Medical Systems, Inc. (NYSE: VAR) announced that they have entered into an agreement, pursuant to which Siemens Healthineers shall acquire all shares of Varian for USD 177.50 per share in cash. This corresponds to a purchase price of approximately USD 16.4 billion.
Siemens Healthineers AG has also announced its results for the third quarter of fiscal year 2020 that ended June 30, 2020.


Ralf P. Thomas

Chief Financial Officer and Member of the Managing Board of Siemens AG
Chairman of the Supervisory Board of Siemens Healthineers AG

Bernd Montag

Chief Executive Officer, Siemens Healthineers  

Jochen Schmitz

Chief Financial Officer, Siemens Healthineers

Christoph Zindel

Member of the Managing Board, Siemens Healthineers

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