Healthineers makes its ambition plain with $16.4bn Varian buy

Not content with being the largest group in medical imaging, Siemens Healthineers is now on course to become the leader in radiotherapy, too. Its acquisition of Varian Medical Systems for $16.4bn in cash is the biggest healthcare deal of 2020, and a bold move at a time of investor apprehension about procedure volumes in the near future.