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Siemens eyes listing of health care business in first half of 2018

Siemens announced that it will list its health care business through a $47 billion initial public offering in the first half of next year, but still has to determine where the listing will take place. The medical imaging-focused Healthineers division was the top bottom-line contributor to the company's fiscal third quarter, reporting a 9% year-over-year profit gain and a 4% revenue growth on a comparable basis.

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