Bayer AG (BAYN), the German maker of aspirin, is open to a “merger of equals” that would strengthen its health-care unit without paying a premium for a large acquisition, Chief Executive Officer Marijn Dekkers said.
Three or four companies may be considered Bayer’s equals in a merger of drug units, Dekkers said in an interview at Bloomberg’s headquarters in New York. He declined to elaborate.
Bayer would consider such a merger “if the stars were to be aligned,” Dekkers said during yesterday’s interview. “I would be open to making the company stronger if the right opportunity were to come.”
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