August 03, 2020 - Siemens Healthineers will acquire Varian Medical Systems (Palo Alto, CA) for about $16.4 billion in cash. Siemens offered $177.5 a share for Varian, 24% more than its closing price on Friday. The bid will be financed through both debt and equity, Siemens Healthineers says. The purchase will bring together two partners that have collaborated for more than … [Read more...]