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Siemens shareholders to get one Healthineers share for every two Siemens shares, sources say

By Reuters News

MUNICH, Nov 11 (Reuters) - Siemens SIEGn.DE shareholders are expected to receive one additional Siemens Healthineers SHLG.DE share next year for every two Siemens shares they hold, two people familiar with the matter told Reuters on Wednesday.

Under the plan, Siemens would distribute around 385 million shares of its medical technology subsidiary to its own shareholders, according to Reuters calculations.

This would represent just over 34% of Healthineers’ capital. The company had previously indicated it would distribute around 30%.

Siemens will announce the ratio on Thursday, the people said.

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