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Michael Sen
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Finance
finance · Euro Telegraph
Fresenius SE & Co. KGaA earmarked the €300 million proceeds from the sale to reduce net debt and invest in its growth platforms, including Kabi Fluor and Helios.
“the proceeds are earmarked for two distinct uses – bolstering the balance sheet and funding organic growth in non‑dialysis businesses.”
300 EUR
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finance · Euro Telegraph
CEO Michael Sen said the sale would create additional space to invest in growth platforms and to reduce debt.
“Mit diesem Schritt schaffen wir zusätzlichen Spielraum, um Kapital gezielt in unsere Wachstumsplattformen zu investieren," and added, "Mit dem Erlös will Fresenius aber auch Schulden abbauen.”
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