February 3, 2017 / 7:15 AM / 7 months ago

FMC buys majority stake in Australian hospital group Cura

FRANKFURT, Feb 3 (Reuters) - Germany dialysis specialist Fresenius Medical Care said it was buying a majority stake in Cura Group, a leading operator of high-quality day hospitals in Australia.

It said the deal would be financed through a combination of cash and debt and would be operating earnings accretive in the first year after closing.

It did not say how large a stake it was buying, nor how much it was paying. (Reporting by Maria Sheahan; Editing by Adrian Croft)

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