German healthcare company Fresenius SE & Co. KGAA has accelerated the pace of its M&A activity since promoting its CFO Stephan Sturm to the CEO role in July last year.
Following its acquisition of Spanish private hospital group Quironsalud for $6.1bn in 2016, it has confirmed it is buying US generics firm Akorn Inc. for $34 per share – around $4.3bn - plus around $450m of Akorn net debt
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