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Actionable news in FMS: FRESENIUS MEDICAL CARE AG & CO. KGAA,

Fresenius to Buy Quironsalud Hospitals for $6.42 Billion

  • Cash-and-stock deal acquires company from CVC Capital Partners
  • Fresenius projects 50 million euros in savings from merger

Fresenius SE, Europe’s biggest publicly traded health-care provider, will pay $6.42 billion (5.76 billion euros) for Spain’s largest private hospital company, IDC Salud Holding S.L.U., also known as Quironsalud.

Quironsalud is 58 percent owned by the London-based private equity firm CVC Capital Partners Ltd., with the rest held by the hospital company’s management, said Matthias Link, a Fresenius spokesman. Most of the deal is being paid for in cash, financed by debt, Fresenius said in a statement Monday.

The acquisition is being made by Fresenius’s Helios unit, which is the largest hospital company in Germany but doesn’t have operations outside the...


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