Fresenius Medical Care AG & Co. KGaA acquired Spanish private hospital operator Quirónsalud in a deal valued at €5.76 billion.

Of the total, €5.36 billion was paid with the help of debt with the remaining €400 million issued in the form of 6,108,176 Fresenius shares.

Quirónsalud's network comprises 43 hospitals, 39 outpatient centers and about 300 occupational risk prevention centers across Spain.