The German cartel office has given Fresenius' hospital group Helios the provisional green light for its acquisition of 40 of Rhoen Klinikum’s hospitals, although the final approval will be in late February. Rhoen has, however, been forced to keep three of the hospitals it had hoped the sell. And in a role reversal, HCM SE, a vehicle controlled by Rhoen boss Eugen Munch, is buying two Helios hospitals elsewhere. The deal, which creates a German hospital behemoth with sales of €5.5bn, should be completed by the end of the first quarter of 2014. So what does the new Rhoen, still Germany’s fourth-largest private hospital group, look like?
January 30, 2014