FRANKFURT (Thomson Financial) - Fresenius AG chief executive Ulf Schneider said the company is planning to acquire hospitals in Germany as well as in the dialysis business worldwide.
In an interview with WirtschaftsWoche, Schneider said acquisitions of German hospitals would boost annual revenues from its hospital business by 500 mln eur by 2010.
In the dialysis business, which is currently mostly dependent on the US market, the company plans to make 'small and medium-sized' acquisitions, mainly in Asia, eastern Europe and Latin America, he added. marilyn.gerlach@thomson.com mog/jlw COPYRIGHT Copyright Thomson Financial News Limited 2007. All rights reserved. The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.
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