MUNICH, Dec 29 (Reuters) - Siemens AG is
reviewing its majority stake in medical technology subsidiary
Siemens Healthineers,, the German technology group's
Chief Financial Officer Ralf Thomas told the Handelsblatt
newspaper.
The synergies with the manufacturer of MRI machines and
laboratory systems are not great enough to justify a capital
commitment of 45 billion euros ($46.91 billion), Thomas told
Handelsblatt, referring to how much Siemens' 75% equity stake is
worth.
"We are evaluating the economic opportunities for Siemens AG
in the healthcare sector. We will then derive from this how
instrumental Healthineers is as an investment. And then we will
draw a conclusion from that," he said, adding that the results
will be presented at a capital markets day at the end of 2025.
Siemens AG spun off the Erlangen, Germany-based subsidiary
in 2018 and floated it on the stock exchange. Until now, Siemens
had maintained it would keep the majority stake in Siemens
Healthineers.
However, Thomas recently held out the prospect of selling
around 5% in the foreseeable future to finance the takeover of
U.S. software company Altair.
Thomas said he remained committed to the Mobility train
division, which investors have repeatedly called to be spun off.
"The business is in good hands with us. I don't see any need
for us to part with it at the moment," he told Handelsblatt.
($1 = 0.9592 euros)