By Max Bernhard 
 

Siemens Healthineers AG (SHL.XE) said Monday that it is acquiring a majority stake in U.S. health-care consultancy ECG Management Consultants.

ECG will continue to operate as an independent unit. The transaction is expected to close in the first quarter of fiscal 2020, subject to regulatory approvals, Siemens Healthineers said.

The company didn't disclose the financial details of the deal.

 

Write to Max Bernhard at max.bernhard@dowjones.com; @mxbernhard

 

(END) Dow Jones Newswires

September 30, 2019 02:38 ET (06:38 GMT)

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