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Siemens delays healthcare business IPO until 2018

Staff Writer |
Siemens said it plans to wait until next year to list its healthcare business, one of the world's top medical technology providers.

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Investors have been wondering about Siemens' plans for Healthineers, valued at up to 40 billion euros ($47 billion), since chief executive Joe Kaeser announced last November he planned some kind of listing but gave no details.

The delay, along with quarterly results that were dragged down by the group's energy-related businesses, sent Siemens shares down more than 3 percent to the bottom of the blue-chip and an eight-month low on Thursday.

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