Fresenius/Navix Radiology
This article was originally published in The Gray Sheet
Executive Summary
North American division of Fresenius Medical Care AG sells diagnostics business to Navix Radiology Systems, a privately held physician practice management company focused on radiology. Fresenius also signs an agreement to sell its other non-core business, homecare, and expects to close the deal in the third quarter. Fresenius expects combined proceeds from the divestitures to total $100 mil.; a second quarter after-tax loss from discontinued operations of about $100 mil. also is projected