Siemens, a big German company, sold a small part of its Siemens Healthineers company to get money. They sold it for about $1.5 billion! This money will help them pay for buying another company, Altair Engineering, which makes software.
- Siemens sold a 2% stake in Siemens Healthineers.
- The money will help pay for buying Altair Engineering.
- Siemens will likely sell more of its shares in the future.
Fact | Number |
---|---|
Amount of money raised | $1.5 billion |
Percentage of Siemens Healthineers sold | 2% |
Siemens' remaining stake in Siemens Healthineers | 73% |