By Nina Kienle


Siemens said it plans a shareholder vote on the direct spinoff of its shares in Siemens Healthineers at the annual general meeting in February 2027.

The German conglomerate on Friday said this decision follows substantial progress in the preparation of the transaction structure.

Siemens AG shareholders will receive Siemens Healthineers shares directly as part of the spinoff, to best preserve value for stakeholders of both companies, it added.

The industrial company first announced its plan to deconsolidate its stake in Healthineers in November.


Write to Nina Kienle at nina.kienle@wsj.com


(END) Dow Jones Newswires

04-17-26 0754ET