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Siemens’ Indian Health Care Revamp A Prelude To Sale?

This article was originally published in PharmAsia News

Executive Summary

German industrial giant Siemens AG, which makes everything from turbines to medical equipment, has sold its Indian health care assets to its global subsidiary Siemens Healthcare Pvt Ltd for $455bn, as part of an extensive corporate revamp that aims to improve focus and could be a prelude to the float or sale of the health care operations.

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