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Siemens Healthineers plans exit from American Oncology Institute deal worth up to 2000 crore
Business
Published on 13 May 2026
A 16 hospital network may change hands soon
Siemens Healthineers is exiting its Indian cancer care chain, American Oncology Institute (AOI), in a deal reportedly valued between ₹1,500 and ₹2,000 crore. Potential bidders include private equity funds and Healthcare Global Enterprises. AOI runs 16 hospitals across India and one in Sri Lanka, as Siemens aligns the move with its wider strategic review amid rapid growth in India’s oncology market.
- Siemens Healthineers is selling its AOI cancer care business
- Deal size is estimated between ₹1,500 and ₹2,000 crore
- AOI operates 16 hospitals in India plus one in Sri Lanka
- Private equity and Healthcare Global Enterprises are possible bidders
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times