BERLIN, Aug 2 — Siemens Healthineers, the German conglomerate’s medical devices arm, said today it has agreed to buy US cancer treatment specialist Varian for US$16.4 billion (RM69.5 billion). “Varian’s board of directors unanimously approved the agreement and recommends to the Varian...
File picture of different types of drugs. — AFP pic
“Varian’s board of directors unanimously approved the agreement and recommends to the Varian shareholders also to approve the agreement,” Siemens Healthineers said in a statement. Siemens Healthineers went public in 2018 and has been legally independent from the Siemens group since then. However, Siemens remains a majority shareholder in Healthineers.
Revenues also slipped to €3.31 billion from €3.56 billion in the third quarter of its financial year.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
US sells record amount of corn to China as tensions rise | Malay MailCHICAGO, July 31 ― Chinese buyers booked their single biggest-ever purchase of US corn, extending their flurry of large US purchases even as tensions between Washington and Beijing rise. The US Agriculture Department said yesterday that private exporters sold 1.937 million tonnes of corn to China...
Read more »
Dollar on course for worst month in decade as US recovery loses steam | Malay MailTOKYO, July 31 ― The dollar slipped to two-year lows today and is on track to post its biggest monthly decline in 10 years, as investors worried that a recovery in the US economy could be stymied by a second wave of coronavirus. Confidence in the US currency was undermined further after US...
Read more »
US official orders end to information gathering on journalists | Malay MailJULY 31 — The head of the US Department of Homeland Security has ordered the agency to stop collecting information on American journalists covering protests in Portland, Oregon, after a media report on the practice, a spokesman said. The Washington Post yesterday reported that the department...
Read more »
‘Payment sent’: Travel giant CWT pays US$4.5m ransom to cyber criminals | Malay MailLONDON, July 31 — US travel management firm CWT paid US$4.5 million (RM19 million) this week to hackers who stole reams of sensitive corporate files and said they had knocked 30,000 computers offline, according to a record of the ransom negotiations seen by Reuters. The attackers used a strain of...
Read more »
British American Tobacco first-half beats expectations on 'resilient' US demand | Malay MailLONDON, July 31 ― British American Tobacco (BAT) reported a stronger-than-expected first-half profit today, as the company sold more higher-priced cigarettes and saw strong demand for vaping products in the United States, its biggest market. The Dunhill and Lucky Strike cigarette maker said...
Read more »
Asia markets sink as dour US data reinforces worries over virus | Malay MailHONG KONG, July 31 — Asian markets struggled and the dollar extended losses today as data showing the US suffered its worst quarter on record highlighted the impact of the virus on the global economy. A tweet from Donald Trump suggesting delaying November’s elections also jolted investors. The...
Read more »