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Merck completes sale of consumer unit to Bayer

2014-10-01 22:56:52| Biotech - Topix.net

Drugmaker Merck said Wednesday that it completed the sale of its consumer care business, which makes products including Claritin allergy medication and Coppertone sun-care line, to German health care company Bayer for $14.2 billion. Bayer AG agreed to buy the business in May. Merck, of Whitehouse Station, New Jersey, said it expects about $9 billion in proceeds after taxes.

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Merck completes sale of consumer unit to Bayer

2014-10-01 22:16:41| Chemicals - Topix.net

Drugmaker Merck said Wednesday that it completed the sale of its consumer care business, which makes products including Claritin allergy medication and Coppertone sun-care line, to German health care company Bayer for $14.2 billion. Bayer AG agreed to buy the business in May. Merck, of Whitehouse Station, New Jersey, said it expects about $9 billion in proceeds after taxes.

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Merck Completes Sale of Consumer Care Business to Bayer AG for $14.2 Billion

2014-10-01 17:30:00| Merck.com - Corporate News

Dateline City: WHITEHOUSE STATION, N.J. Worldwide Collaboration to Market and Develop Portfolio of Soluble Guanylate Cyclase (sGC) Modulators Commences WHITEHOUSE STATION, N.J.--(BUSINESS WIRE)--Merck (NYSE:MRK), known as MSD outside the United States and Canada, said today it has completed the previously announced sale of the Merck Consumer Care (MCC) business to Bayer AG. Language: English Contact: MerckMedia:Pamela Eisele, 267-305-3558Steve Cragle, 908-423-3461Investor:Joe Romanelli, 908-423-5185Justin Holko, 908-423-5088 Ticker Slug: Ticker: MRK Exchange: NYSE read more

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Wall St slides after US consumer confidence drops

2014-10-01 14:40:28| Oil & Gas - Topix.net

Specialist Jason Hardzewicz, left, and trader Michael Zicchinolfi work on the floor of the New York Stock Exchange. File photo / AP Wall Street slid overnight after a report showed a surprise decline in US consumer confidence, while other data showed disappointing home prices and business conditions in the Midwest.

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UK consumer confidence drops in September

2014-09-30 12:54:00| Daily apparel & textile news and comment - from just-style.com

Confidence among UK consumers dropped in September in what has been described as a new period of "stasis".

Tags: september consumer confidence drops

 

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