Fresenius Medical Care

Shareholders of dialysis products company approve conversion of shares

Published in Physician Law Weekly, October 5th, 2005

Fresenius Medical Care AG (FME), a provider of dialysis products and services, reported that its shareholders have approved the proposed transformation of the company's legal form into a Kommanditgesellschaft auf Aktien (KGaA) and the plan for a voluntary exchange offer to convert the company's preference shares into ordinary shares.

A large majority of ordinary shareholders approved both proposals at the extraordinary general meeting (EGM). The transformation was approved by nearly 91% of the represented ordinary share capital, and the conversion was approved by nearly 94% of the represented ordinary share capital. As a result, the required three-fourths majority of...

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Source: Physician Law Weekly (2005-10-05)

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