Fresenius Helios to buy 43 hospitals for $4.1B

|About: Fresenius Medical Care AG... (FMS)|By:, SA News Editor

Fresenius Medical Care's (FMS) sister company Fresenius Helios has agreed to acquire 43 hospitals in Germany for €3.07B ($4.1B) from Rhoen-Klinikum in a deal that will create the largest operator of private hospitals in Europe. Fresenius will pay for the deal with debt.

The companies also intend to work together in a network that will include Rhoen's other hospitals.

The purchase will add €2B a year in revenue and $250M in EBITDA.

The transaction comes after Fresenius last year failed to buy all of Rhoen-Klinikum for €3.1B. (PR)