NEW YORK, Dec. 4, 2013 /PRNewswire/ -- OTC Markets Group
Inc. (OTCQX: OTCM), operator of Open, Transparent and Connected
financial marketplaces, today announced that Fresenius SE & Co.
KGaA (OTCQX: FSNUY; Frankfurt Stock Exchange: FRE), a global
healthcare group, has chosen to have its American Depositary
Receipts (ADRs) traded on OTCQX®, the best marketplace with
qualified companies.
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Fresenius began trading today on OTCQX International Premier, a
segment of the OTCQX marketplace reserved for world-leading
companies that are listed on a qualified international exchange and
provide their home country disclosure to U.S. investors. U.S.
investors can find current financial disclosures and Real-Time
Level 2 quotes for the company on www.otcmarkets.com.
"We welcome Fresenius, the 10th DAX-traded company to join
OTCQX," said R. Cromwell Coulson,
President and CEO of OTC Markets Group. "The DAX index is
comprised of the 30 largest, most liquid companies in Germany and we are proud that more than
one-third of these companies have chosen OTCQX as their ADR venue
in the U.S. By joining OTCQX, Fresenius is travelling across
borders to provide its global investors with transparent disclosure
and superior information distribution."
Deutsche Bank will serve as Fresenius' Principal American
Liaison ("PAL") on OTCQX, responsible for providing professional
guidance on OTCQX requirements.
Fresenius is a global health care group, providing products and
services for dialysis, hospitals, and outpatient medical care.
In addition, Fresenius focuses on hospital operation, as well
as on engineering and services for hospitals and other health care
facilities. In 2012, group sales were EUR 19.3 billion.
Fresenius trades in the U.S. on OTCQX under the symbol "FSNUY,"
where each ADR represents 0.125 ordinary shares.
About OTC Markets Group Inc.
OTC Markets Group Inc.
(OTCQX: OTCM) operates Open, Transparent and Connected financial
marketplaces for 10,000 U.S. and global securities. Through our OTC
Link® ATS, we directly link a diverse network of broker-dealers
that provide liquidity and execution services for a wide spectrum
of securities. We organize these securities into marketplaces to
better inform investors of opportunities and risks – OTCQX®, The
Best Marketplace with Qualified Companies; OTCQB®, The Venture
Stage Marketplace with U.S. Reporting Companies; and OTC Pink®, The
Open Marketplace with Variable Reporting Companies. Our data-driven
platform enables investors to easily trade through the broker of
their choice at the best possible price and empowers a broad range
of companies to improve the quality and availability of information
for their investors. To learn more about how we create better
informed and more efficient financial marketplaces, visit
www.otcmarkets.com.
OTC Link® ATS is operated by OTC Link LLC, member FINRA/SIPC and
SEC regulated ATS.
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SOURCE OTC Markets Group Inc.