Fresenius has to adapt to pressure from activist investor Elliott. The hedge fund of billionaire Paul Singer has entered the health care group, like the news agency Reuters learned on Wednesday from a person familiar with the matter. Previously, the news agency had already Bloomberg reports that Elliott has built a “substantial” position in Fresenius with a view to potentially breaking up the healthcare conglomerate. However, the hedge fund has not yet exceeded the reporting threshold of three percent. The entry of the investor, known for his interference, caused the Fresenius share price to rise by more than five percent on Wednesday.
Fresenius – Hedge fund gets involved – Economy
