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FMC to buy NxStage for $2B

Aug. 07, 2017 2:23 AM ETFresenius Medical Care AG (FMS) StockNXTM, FMSBy: Yoel Minkoff, SA News Editor7 Comments
  • German dialysis provider Fresenius Medical Care (NYSE:FMS) has agreed to acquire U.S. home dialysis device maker NxStage (NASDAQ:NXTM) for around $2B in cash.
  • FMC expects the deal to result in cost synergies of around $80M-$100M per year before tax and to be accretive to net income and earnings within three years of closing.
  • NXTM +25.5% premarket

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