EU to clear Siemens Healthineers buyout of Varian

BRUSSELS / MUNICH (Reuters) – The European Commission is due to approve under conditions the acquisition by the German health group Siemens Healthineers’ of its American competitor Varian Medical Systems Inc for 16.4 billion dollars (13.5 billion euros) , we learned from three sources close to the case.

The European competition services will give the green light to this operation after the concessions offered last month by Siemens Healthineers in terms of interoperability, the sources said. It is about allowing different software and computer systems to work together.

(Foo Yun Chee in Brussels and Alexander Huebner in Munich)

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