The grand finale: Joe Kaeser hoped for a healthcare merger for years
Photo: Thomas DashuberThe outgoing Siemens boss Joe Kaeser (63) has always been looking for the particularly clever deal. In the spring of 2017, for example, Kaeser thought about how he could bring his medical technology division to the stock market as valuable as possible. To list the shares in Frankfurt, as usual, seemed like a wasted opportunity. The financial fox had a "reverse listing" on a US company in mind.
Had things worked out, Kaeser would have merged the division into a listed medical technology company. The pearl of the group would have enjoyed the higher valuation customary in the USA, it would have raised the value of the entire Siemens group - and today it might not be called Healthineers, but Siemens Varian Medical Systems.
Even then, Kaeser was negotiating - together with fellow board member Michael Sen (51), who had just returned from Eon - with the radiation therapy company from Palo Alto, California, which the Healthineers are now actually selling for the record price of 16.4 billion dollars (14 billion euros ) take over.
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