Siemens Healthcare Spinout Chatter Ramps Up

Chatter about a possible spinout for Siemens Healthcare (NYSE:SI) ramped up yesterday on a report from "2 people familiar with the plans" who said the German conglomerate is actively investigating a possible sale of its hospital database and IT business.

Siemens is evaluating options for the business but no final decision has yet been made, the unnamed sources told Bloomberg, with 1 noting that the IT unit could fetch more than €1 billion, or about $1.36 billion.

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