Carl Zeiss Meditec AG (AFX) plans to spend its cash reserves on acquisitions, Boersen-Zeitung reported in a preview of an article to be published tomorrow, citing an interview with Chief Executive Officer Christian Mueller.

The medical laser- and surgery products-maker has 110 million euros ($142 million) in cash reserves to spend, and may seek additional funding through bonds or loans should a larger takeover be possible, the newspaper said.

To contact the reporter on this story: Alex Webb in Frankfurt at awebb25@bloomberg.net

To contact the editor responsible for this story: Chad Thomas at cthomas16@bloomberg.net