Siemens expects to happen Healthineers spin-off by early 2027, CFO says
ZURICH, Nov 12 (Reuters) - Siemens SIEGn.DE expects the spin-off of Siemens Healthineers SHLG.DE to its shareholders to take effect in early 2027, Chief Financial Officer Veronika Bienert said on Thursday.
Siemens plans to transfer a 34.1% stake in the medical equipment maker to shareholders at an allocation ratio of one Healthineers share for every two Siemens shares, she said.
"We expect that, after the Annual Shareholders’ Meetings of both Siemens and Siemens Healthineers in February 2027, the spin-off will take effect in the late spring – subject to the necessary filing and registration process," said Bienert after the German engineering company reported its Q4 earnings.
"In the medium term, we intend to reduce our shareholding in this company to being solely a financial asset," she added.