August 8, 2019 / 5:24 AM / a month ago

Siemens Healthineers buys Corindus Vascular Robotics for $1.1 billion

FRANKFURT, Aug 8 (Reuters) - Germany’s Siemens Healthineers is buying Corindus Vascular Robotics of the U.S. for $1.1 billion, the companies announced on Thursday.

Siemens Healthineers is buying Corindus, which develops and produces robotic systems for minimally invasive vascular therapy procedures, for $4.28 per Corindus share, above the $2.42 closing price of Corindus on Wednesday. (Reporting by Alexander Huebner and Tom Sims, editing by Riham Alkousaa)

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