Wednesday, November 5, 2014

Siemens paves way to hive off healthcare: sources

The Siemens logo is seen during the IFA Electronics show in Berlin By Jens Hack and Georgina Prodhan FRANKFURT (Reuters) - German engineering group Siemens will take a first major step on Wednesday to separate its 14 billion-euro ($18 billion) healthcare unit from the rest of the company, two sources with knowledge of the matter said on Tuesday. Siemens fears large investments will be needed in the high-margin business as new diagnostic methods and new rivals such as Samsung heighten competition with traditional rivals like General Electric and Philips. ...








via Health News Headlines - Yahoo News http://ift.tt/10oCErX

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