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BAYN Bayer AG

28.77
0.185 (0.65%)
20 May 2024 - Closed
Realtime Data
Share Name Share Symbol Market Type
Bayer AG TG:BAYN Tradegate Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.185 0.65% 28.77 28.63 28.825 28.945 28.54 28.605 59,387 22:50:04

Bayer to Sell Environmental Science Business for $2.6 Billion

10/03/2022 7:24am

Dow Jones News


Bayer (TG:BAYN)
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From May 2021 to May 2024

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   By Cecilia Butini 
 

Bayer AG is selling its environmental science business to private-equity firm Cinven for $2.6 billion, the company said Thursday.

The business, which is called Environmental Science Professional and is part of Bayer's agriculture division, focuses on pest and disease control in nonagricultural settings, such as forestry.

Rodrigo Santos, who leads Bayer's Crop Science agriculture division, said the divestment will allow the company to focus on its core agricultural business and implementation of its growth strategy.

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

March 10, 2022 02:09 ET (07:09 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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