NxStage Medical Inc (NXTM.OQ)
17 Nov 2017
Fri, Oct 27 2017
* NXSTAGE ANNOUNCES STOCKHOLDER APPROVAL OF MERGER AGREEMENT WITH FRESENIUS MEDICAL CARE
* NxStage Medical announces FDA clearance for solo home hemodialysis using NxStage® system one™
* Nxstage kidney care subsidiary is partnering with Dialyze Direct Source text for Eikon: Further company coverage:
FRANKFURT Germany's Fresenius Medical Care (FMC) has struck a $2 billion deal to acquire U.S. home dialysis equipment maker NxStage Medical Inc , looking to capitalize on a trend for more patients to opt for domestic treatment.
* FMC shares down more than 2pct, biggest DAX losers (Rewrites first paragraph, adds background on shift to home dialysis and FMC's previous acquisitions, CEO quote)
* NxStage Medical - in light of acquisition agreement between Fresenius Medical Care and NxStage, NxStage is no longer providing financial guidance
FRANKFURT German dialysis services provider Fresenius Medical Care (FMC) said on Monday it has agreed to buy for around $2 billion (1.53 billion pounds) in cash NxStage , a U.S. maker of devices for use in home dialysis.