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FROM SRN NEWS

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

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MUNICH, Nov 11 (Reuters) – Siemens shareholders are expected to receive one additional Siemens Healthineers 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.

(Reporting by Alexander Hübner, writing by Thomas Seythal)

Brought to you by www.srnnews.com

SRN News — View the original story at SRNNews.com.

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