Siemens Healthineers to be publicly listed

Siemens Healthineers, the healthcare business of Siemens, is to be publicly listed under new plans by its parent company.

The move is designed to give Siemens Healthineers greater flexibility in implementing its growth plans, building on recent efforts to functionally transform the business into a semi-independent entity within the broader Siemens organisation.

Having taken on the Siemens Healthineers brand name in May, it will now consider details regarding the planned date and scope of its next move while plans for the public listing are being set in stone. The listing will depend on stock market movements, among other factors.

According to the company, this step will allow Siemens Healthineers to become an industry leader, enabling its customers to participate successfully in the trends toward consolidation, industrialisation and holistic health management.

Joe Kaeser, president and chief executive officer of Siemens, said: "We're implementing this from an already leading position. Siemens Healthineers has already increased its market share and has an outstanding portfolio of top technologies that we're further developing."

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