Merger Monday returns as Siemens, Speedway lead US$40bil haul


The flow of deals started over the weekend, when Siemens Healthineers AG clinched a US$16bil takeover of Varian Medical Systems Inc, gaining technology used for cancer treatment in the year’s biggest health-care deal.

NEW YORK: Merger Monday came roaring back this week, with a spate of acquisitions from health care to consumer hitting the tape.

The flow of deals started over the weekend, when Siemens Healthineers AG clinched a US$16bil takeover of Varian Medical Systems Inc, gaining technology used for cancer treatment in the year’s biggest health-care deal.

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