Bayer : Sale of Environmental Science Professional business to Cinven for $ 2.6bn
>In line with expectation/slightly earlier on a time scale - Bayer today announced the sale of its Environmental Science Professional business to Cinven for $ 2.6bn. In 2021 this business, headquartered in Cary, North Carolina, USA, had c. 800 employees, operations and sales in more than 100 countries. There was already the speculation on Bloomberg/in Handelsblatt around two weeks ago that Bayer and Cinven are near to a deal for this business. The price speculation fo...Bayer is a life sciences group based in Germany. Co.'s operations are organized along three divisions: Pharmaceuticals (engaged in prescription pharmaceuticals for cardiology and women's healthcare); Consumer Health (engaged in non-prescription products in dermatology, dietary supplement, analgesic, gastrointestinal, allergy, cold and flu, foot care, sun protection and cardiovascular risk prevention categories); and CropScience (engaged in the development of seeds and plant traits; crop protection; and for gardens, the green industry and non-agricultural pest control). Co. also maintains an Animal Health business unit engaged in the development of products for farm and companion animals.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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