FRANKFURT (Reuters) - Healthcare conglomerate Fresenius dropped plans to renew its 3.1 billion euro offer for hospital operator Rhoen-Klinikum, German paper Die Welt reported, citing unidentified people in the finance industry. The firm's management and supervisory board decided that the opposition of shareholder Asklepios made it impossible to run the company properly, the newspaper reported. In April, Fresenius made its initial offer for Rhoen, but after Asklepios took a 5 percent stake in Rhoen, Fresenius failed to reach the 90 percent threshold it had set itself for the bid. ...
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