Fresenius SE & Co KGaA has decided that it will not submit a new offer for Rhoen Klinikum AG. "A combination of for Rhoen Klinikum and Helios was the first-ever opportunity to build a country-wide integrated health care network. We regret that our public offer was blocked without providing a constructive alternative.

All our investments must add value, with manageable risks. After thorough analysis, we have therefore reached the conclusion that a new offer cannot be justified. Helios' prospects are outstanding and it is well positioned to expand its leading position in the German hospital market," said Ulf Mark Schneider, Chief Executive Officer of Fresenius.

The offer will not be made for the time being.