FRANKFURT, June 27 Germany's Fresenius Medical
Care (FMC) agreed to buy a majority stake in Sound
Inpatient Physicians Inc for about $600 million, part of a drive
to offer additional services linked to its core business of
FMC is to become a majority shareholder as part of a
recapitalisation of Sound, alongside existing investor
TowerBrook Capital Partners and Sound's senior management team,
the German company said in a statement on Friday.
FMC expects to close the deal within the next 10 days.
The dialysis specialist said in April it aims to widen its
services to medical fields related to kidney failure, part of
drive to almost double group sales to $28 billion by 2020.
Sound Physicians works with more than 1,000 physician
partners providing care in over 100 hospitals and post-acute
care centres across the United States, FMC added.
(Reporting by Ludwig Burger; Editing by Maria Sheahan)