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Bayer to sell its environmental science professional biz to Cinven

17 Mar 2022 , 01:33 AM

Bayer and Cinven have entered into a definitive agreement regarding the sale of Bayers Environmental Science Professional business for a purchase price of 26 billion US dollars 24 billion euros Bayer announced on Thursday This divestment represents a very attractive purchase price and allows us to focus on our core agricultural business and the successful implementation of our Crop Science Division growth strategy said Rodrigo Santos Member of the Board of Management of Bayer AG and President of the Crop Science Division

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