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Siemens plans to list healthcare business

Published Thu, Nov 10, 2016 · 09:50 PM

Munich

GERMAN industrial group Siemens plans a public listing of its US$15 billion healthcare business, it said on Thursday, in a further step to focus on its core strengths of electrification, automation and digitisation.

The Munich-based group announced the move as it reported fourth-quarter profits that comfortably beat expectations but a cautious outlook for…

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