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Deals Rumor Mill: Siemens, SK Capital Partners, Kate Spade

By Benjamin Horney (January 25, 2017, 9:34 PM EST) -- German industrial giant Siemens AG will soon begin choosing banks to assist with a planned initial public offering of its health care unit that could value the business at as much as $40 billion, Reuters reported on Wednesday. According to the report, in early April Siemens will have a number of investment banks make their case for having a role in the IPO. Goldman Sachs Group Inc., which has already done some preparatory work for the IPO, will likely be one of the global coordinators for the offering, the report said. Rumors that Siemens was planning to list the unit, known as Siemens Healthineers, first sprouted in November....

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