Sunday, February 03, 2008

Bayer's CEO - deep pockets


Bayer's chief executive Werner Wenning said that acquisitions that make sense will not fail because of the financing.

He made the comment in a Frankfurter Allgemeine Sonntagszeitung interview when asked whether the company still has enough money to make acquisitions after last year's purchase of rival German drug maker Schering for 17 bln eur.

Source

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