Tag: Bayer

Germany’s Bayer sells Animal Health unit for $7.6 bn

Frankfurt: German chemical and pharmaceutical group Bayer said Tuesday it was selling its Animal Health business unit to US-based drug firm Elanco for $7.6 billion...

Bayer stock surges on report it is open to glyphosate settlement

FRANKFURT AM MAIN: Shares in German chemicals and pharmaceuticals giant Bayer surged Friday as investors reacted to reports the firm is considering a settlement worth...

Bayer soars on report of proposed $8 bln Roundup settlement

LONDON: Bayer shares soared as much as 11% on Friday on a report that the German company has proposed to pay up to $8 billion...

Bayer, Lanxess sell chemicals unit Currenta for 3.5bn euros

FRANKFURT AM MAIN: German companies Bayer and Lanxess announced Tuesday the sale of their chemicals firm Currenta to Macquarie Infrastructure and Real Assets in Australia...

Bayer sees potential future business in plant-based meat market

A Bayer executive on Thursday said the company was closely watching the plant-based meat market which has seen booming demand in recent years, adding that...

Bayer says 2019 profit goal becoming a stretch

FRANKFURT: Germany's Bayer has warned that its 2019 earnings target has become harder to reach, becoming the latest agricultural supplies company to be affected by...

Some relief for Bayer as court slashes $2bn Roundup payout

FRANKFURT AM MAIN: A court has slashed a $2 billion payout over the controversial herbicide glyphosate awarded by a jury to a California couple, but...

Bayer seeks approval to treat children with blockbuster drug Xarelto

FRANKFURT: Bayer will apply for approval to make its blockbuster blood thinner Xarelto available for treating children, the German company said on Monday, after a...

Bayer takes small steps to placate shareholders

LONDON: Bayer boss Werner Baumann has bought some breathing space with angry shareholders by doing the obvious. Facing 13,400 claims from users of Roundup, the...

600 people on Monsanto ‘watch lists’ in Germany, France: Bayer

BERLIN: US seeds and pesticides maker Monsanto kept lists of around 600 key pro- and anti-pesticides figures in Germany and France alone, its German parent...