Thursday, October 30, 2014

Bayer says animal health unit large enough

The logo of Bayer AG is pictured at the Bayer Healthcare subgroup production plant in Wuppertal FRANKFURT (Reuters) - Bayer sought to dampen expectations that any proceeds from a separate listing of its plastics unit would be used for takeover deals to bolster its animal health activities. "We have an animal health business that is not small, with good products in the market," Chief Executive Marijn Dekkers said in a conference call. "We believe we have a good animal health business that can very well operate on its own." Any proceeds from a separate listing of the Bayer MaterialScience division might be used to cut debt. ...








via Health News Headlines - Yahoo News http://ift.tt/1rVajRu

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