ICG to acquire Care Day Hospitals from Fresenius Medical Care.

ICG, the global alternative asset manager, agreed to acquire Care Day Hospitals, a provider of hospital care in Australia, from Fresenius Medical Care, a healthcare company. Financial terms were not disclosed. "Following a competitive market process, we are delighted to be partnering with ICG, which is well known to Cura Doctors. ICG has strong expertise in the local healthcare sector and understands the importance of the Doctor-partnership model. With ICG’s partnership, Cura will continue to deliver leading healthcare services across Australia. We would like to thank Fresenius Medical Care for supporting Cura over the past 6 years and for the respectful way they have dealt with Doctors during this time," Keith Zabell, Cura Chairman.