Temasek to buy 3.6% stake in German drugmaker Bayer for nearly S$5 billion

Discussion in 'Market News' started by sniper-academy, Apr 17, 2018 at 10:13 AM.


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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    FRANKFURT: Singapore's state investment company Temasek is set to acquire a 3.6 per cent stake in German drugmaker Bayer for 3 billion euros (S$4.9 billion). Under the agreement, Bayer would issue the new registered shares with an entitlement to dividends as of Jan 1, 2017, to a subsidiary of ...

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