Germany's Fresenius cuts FMC stake to 20%
Nov 12 (Reuters) - German healthcare group Fresenius FREn.DE has cut its stake in former dialysis unit Fresenius Medical Care FMEG.DE by about 5 percentage points to 20%, it said on Thursday, having announced it planned to do so the night before.
Fresenius will make gross proceeds of around €524 million ($580 million) from the stake sale, the settlement of which is expected on Monday, it said.
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