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FMS Fresenius Medical Care AG

20.97
-0.69 (-3.19%)
03 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Fresenius Medical Care AG NYSE:FMS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.69 -3.19% 20.97 21.57 20.965 21.46 494,745 22:58:41

Fresenius Medical Care Buys National Cardiovascular Partners

22/10/2014 5:54pm

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Fresenius Medical Care (NYSE:FMS)
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By Chase Gummer

German health-care company Fresenius Medical Care said Wednesday it is buying National Cardiovascular Partners for an undisclosed sum.

Fresenius Medical Care, a provider of dialysis products and services, said it expects the acquisition of NCP to generate over EUR200 million in revenue in 2015 and will be financed through cash and debt financing.

NCP is based in the U.S. and is a large operator of endovascular, vascular, and cardiovascular services in six states. Like Fresenius Medical Care, NCP's services focus on outpatient care and chronic illnesses.

Write to Chase Gummer at Chase.Gummer@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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