Siemens to pick banks for Healthineers listing: sources
German industrial group Siemens will shortly start picking banks to organize a stock market listing of its healthcare business, 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), the people said, adding that Goldman Sachs had already been asked to look after some preparatory tasks for the IPO. "Goldman Sachs will very likely emerge as one of the global coordinators of the Healthineers IPO," one of the sources said, adding that Healthineers would be listed in late 2017 provided equity markets were favorable.
