Siemens Healthineers (30% stake)
AnnouncedEUSiemens Healthineers, the Frankfurt-listed medical technology group, about 67% owned by Siemens.
- Status
- Announced
- Expected
- 2027 (vote at Feb 2027 AGM)
- Parent
- Siemens (SIE GY)
- Spin-off ticker
- To be announced
- Listing
- Frankfurt (already listed)
- Market
- Europe
Terms
Direct spin-off of 30% of Siemens Healthineers shares to Siemens AG shareholders, cutting Siemens to a significant minority (about 37%, implied) and deconsolidating it. Siemens shareholders vote at the February 2027 AGM; still subject to final regulatory clarification and approvals. Ratio and tax treatment not yet disclosed.
Key dates
- Deconsolidation plan announced
- Structure update, AGM vote planned
- Siemens AGM vote
Source documents
- Press releaseSiemens plans to deconsolidate Siemens Healthineers (12 Nov 2025, pdf)
- PresentationNot yet published
- Prospectus / demerger documentNot yet public
- SourceMedTech Dive: Siemens plans shareholder vote on Healthineers spin-off (17 Apr 2026)
Every Spin-Off research
No report on this situation yet. New reports are published on Substack first.
Receive reports by email