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UPDATE 1-Bayer offers animal health assets, cash for Merck's OTC unit -sources

2014-04-30 02:36:20| Chemicals - Topix.net

Bayer AG is offering to swap its animal health assets for Merck & Co Inc's consumer healthcare business, people familiar with the matter said on Tuesday, in a move that could give the German drugmaker a leg up in the $14 billion auction of the Merck business.

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