Fresenius drops Rhoen takeover plan
FRANKFURT (Reuters) – Fresenius pulled the plug on plans to take over Rhoen-Klinikum, discouraged by healthcare industry investors who had sought to prevent the emergence of a dominant private-sector hospitals operator in Germany. Fresenius said in a statement on Monday it would not launch a renewed takeover offer "for the time being". "We regret that our public offer was blocked without providing a constructive alternative," Chief Executive Ulf Schneider said. "All our investments must add value, with manageable risks. . . .
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