M&A Activity • Apr 2, 2012
M&A Activity
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Corporate | 2 April 2012 16:02
Fresenius Medical Care completes sale of clinics as part of Liberty Dialysis acquisition
Fresenius Medical Care AG & Co. KGaA / Key word(s): Disposal
02.04.2012 / 16:02
Investor News of April 2, 2012
Fresenius Medical Care completes sale of clinics as part of Liberty Dialysis acquisition
Bad Homburg, Germany – Fresenius Medical Care AG & Co. KGaA ('the company' or 'Fresenius Medical Care'), the world's largest provider of dialysis products and services, announced today that Fresenius Medical Care North America (FMCNA) completed the sale of 45 dialysis clinics to Dialysis Newco, Inc. ('DSI Renal'). An additional 10 clinics are expected to be sold to DSI Renal following receipt of state regulatory approvals.
The divestiture was required in connection with the Federal Trade Commission's clearance of FMCNA's acquisition of Liberty Dialysis Holdings Inc., the holding company of Liberty Dialysis and Renal Advantage, which closed on February 28, 2012.
Fresenius Medical Care is the world's largest integrated provider of products and services for individuals undergoing dialysis because of chronic kidney failure, a condition that affects more than 2.1 million individuals worldwide. Through its network of 2,898 dialysis clinics in North America, Europe, Latin America, Asia-Pacific and Africa, Fresenius Medical Care provides dialysis treatment to 233,156 patients around the globe. Fresenius Medical Care is also the world's leading provider of dialysis products such as hemodialysis machines, dialyzers and related disposable products.
For more information about Fresenius Medical Care, visit the Company's website at www.fmc-ag.com .
Disclaimer
This release contains forward-looking statements that are subject to various risks and uncertainties. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including changes in business, economic and competitive conditions, regulatory reforms, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. These and other risks and uncertainties are detailed in Fresenius Medical Care AG & Co. KGaA's reports filed with the U.S. Securities and Exchange Commission. Fresenius Medical Care AG & Co. KGaA does not undertake any responsibility to update the forward-looking statements in this release.
End of Corporate News
02.04.2012 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
| Language: | English |
| Company: | Fresenius Medical Care AG & Co. KGaA |
| Else-Kröner-Straße 1 | |
| 61352 Bad Homburg | |
| Germany | |
| Phone: | +49 (0) 6172- 609 2525 |
| Fax: | +49 (0) 6172- 609 2301 |
| E-mail: | [email protected] |
| Internet: | www.fmc-ag.de |
| ISIN: | DE0005785802, DE0005785836, |
| WKN: | 578580, 578583 |
| Indices: | DAX |
| Listed: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart; Terminbörse EUREX; NYSE |
| End of News | DGAP News-Service |
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| 163614 02.04.2012 |
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