25-01-2017 17:32 via news.yahoo.com

Siemens to pick banks for blockbuster Healthineers listing: sources

By Arno Schuetze and Georgina Prodhan FRANKFURT (Reuters) - German industrial group Siemens will shortly start picking banks to organize a stock market listing of its healthcare business, which could be valued at up to 37 billion euros ($40 billion) including debt, three people close to the matter said. Siemens will invite investment banks in early April to pitch for roles in the initial public offering (IPO), which could be the biggest since the flotation of German energy group Innogy in Octobe
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