(Reuters) - German industrial group Siemens will house its German healthcare operations in a standalone unit in the form of a GmbH legal entity on May 1, two sources with knowledge of the matter said.
Siemens wants to give the investment-hungry unit independence within the group, creating standalone companies in major markets that will be capable of holding their own licences for products such imaging equipment independently of Siemens AG.
The move paves the way for a possible a spin-off of the 12 billion-euro ($13 billion) business, which faces a paradigm shift towards molecular biology and biotechnology.
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Siemens wants to give the investment-hungry unit independence within the group, creating standalone companies in major markets that will be capable of holding their own licences for products such imaging equipment independently of Siemens AG.
The move paves the way for a possible a spin-off of the 12 billion-euro ($13 billion) business, which faces a paradigm shift towards molecular biology and biotechnology.
Help employers find you! Check out all the jobs and post your resume.
