Siemens Healthineers has raised 2.73 billion euros ($3.24 billion U.S.) in capital to fund the company's acquisition of Varian Medical Systems, a deal that was announced in August.
Siemens issued 75 million new shares with institutional investors at a price of 36.4 euros ($43.14) per share. The deal resulted in proceeds of 2.73 billion euros ($3.24 billion) before deducting expenses and will increase the company's share capital by 7.5%.
The company had announced the funding round previously, stating that the capital would be used to partially fund its acquisition of Varian in a deal valued at $16.4 billion. The acquisition is expected to be completed in the first half of calendar 2021.
![A 53-year-old patient (patient number four) with a recurrent pituitary adenoma with extension of a cystic component of disease to the medial temporal lobe apparent on MRI (contoured in blue), and extension of disease to the left sphenoid bone and orbital apex apparent on [68Ga]Ga-DOTA-TATE (contoured in yellow).](https://img.auntminnie.com/mindful/smg/workspaces/default/uploads/2026/04/pituitary-tumor.QGsEnyB4bU.jpg?auto=format%2Ccompress&dpr=2&fit=crop&h=167&q=70&w=250)
