Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Shares  >  Xetra  >  Bayer AG    BAYN   DE000BAY0017

BAYER AG (BAYN)

Real-time Quote. Real-time TRADEGATE AG - 09/04 10:02:14 pm
117.5500 EUR   -0.13%
09/04DJBayer Gives Green Light to Covestro IPO -- 2nd Update
09/04DJBayer Gives Green Light to Covestro IPO -- Update
09/04 BAYER : Not for distribution, directly or indirectly, in or into the..
SummaryQuotesChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Bayer Stops Sale of Glucose Meter Business

01/09/2013 | 06:07am US/Eastern

By Hendrik Varnholt

FRANKFURT--German pharmaceutical company Bayer AG (>> Bayer AG) will retain its blood glucose meter business, a spokeswoman said Wednesday, confirming a Bloomberg report.

Bayer had put up the unit for sale and had been in talks with French peer Sanofi SA (>> SANOFI) about a deal which could have been valued at around $1.5 billion, people familiar with the matter told Dow Jones Newswires in December.

"We have evaluated several options and decided to retain it," Bayer HealthCare chief Joerg Reinhardt said about the glucose meter business, according to Bloomberg.

Natali Schwab, Eyk Henning and Dana Cimilluca contributed to this story.

Write to Hendrik Varnholt at hendrik.varnholt@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires

Stocks mentioned in the article : Bayer AG, SANOFI
React to this article
Latest news on BAYER AG
09/04 BAYER : Schmidt National Law Group Files First Bayer Essure® Lawsuit in Californ..
09/04DJBayer Gives Green Light to Covestro IPO -- 2nd Update
09/04DJBayer Gives Green Light to Covestro IPO -- Update
09/04 BAYER : Not for distribution, directly or indirectly, in or into the United Stat..
09/04 BAYER : Launches Immunostimulant Zelnate for Animal Health Following Authorizati..
09/04DJPlant Impact Bullish on Performance -- Update
09/04 Bayer to launch Covestro IPO, eyeing 1.84 billion pounds
09/04DJBayer Gives Green Light to Covestro IPO
09/04 BAYER : Covestro Launches
09/04 BAYER : Aktiengesellschaft: Bayer plant IPO für Covestro (DGAP Adhoc)
Advertisement
Chart
Duration : Period :
Bayer AG Technical Analysis Chart | BAYN | DE000BAY0017 | 4-Traders
Income Statement Evolution
More Financials