Bayer completes sale of animal health business to Elanco

Bayer completes sale of animal health business to Elanco

Bayer has wrapped up its previously announced $7.6 billion sale of its animal health business division to US-based Elanco Animal Health. The transaction, which was announced in August 2019, was closed after meeting the closing conditions, which includes regulatory approvals. Following the closing of the deal, Bayer has been paid $5.17 billion in cash after […]