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Germany: B. Braun’s efforts to prevent hospital takeover may be in vein

 |  October 13, 2013

Germany’s Federal Cartel Office has reportedly cleared medical equipment maker B. Braun to increase its stake in hospital operator Rhoen-Klinikum to 25 percent, according to reports.

B. Braun requested regulatory clearance for the deal last month as part of an effort to prevent the hospital operator’s takeover by rival Fresenius. Despite the efforts, since a deal with B. Braun was struck, reports say Rhoen and Fresenius have struck their own deal that sees Fresenius acquire most of Rhoen hospitals.

As such, reports are now questioning whether B. Braun will continue with the deal to increase its stake in Rhoen; a company spokesperson declined to comment on that matter.

B. Braun acquired a 5 percent share of Rhoen last year.

Full Content: Reuters

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