Fresenius (FMS) drops a €3.1B bid for private-clinic operator Rhoen-Klinikum. Fresenius had...

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

Fresenius (FMS) drops a €3.1B bid for private-clinic operator Rhoen-Klinikum. Fresenius had planned to make a second offer at an unchanged price of €22.50/share, but the German health-care company's supervisory board wasn't overly keen on the deal, while a rival hospital operator filed an application to raise its stake in Rhoen-Klinikum to 10% in order to torpedo Fresenius. (PR)