Germany's Fresenius may give up control of FMC dialysis business

📆 10/02/2023 16:45:00
📰 Reuters

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German healthcare group Fresenius SE said on Thursday it was potentially ready to cede control over Fresenius Medical Care (FMC) , after a fall in earnings at the world's largest dialysis company.

Confirming an earlier report by business magazine WirtschaftsWoche, Fresenius said in a statement that it was also looking into abandoning FMC's legal form of AG & Co. KGaA, which gives it strategic control and the right to appoint leadership positions even though it only holds 32% of the capital.

Fresenius cautioned, however, "that the analysis is not yet completed and the required decisions by the competent bodies within the group are still outstanding".

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