Bayer AG sells division to Siemens

Article Abstract:

Bayer Healthcare a division of Bayer AG of Germany is to be purchased by Siemens AG also of Germany for $4.2 billion Euros ($5.3 billion). Siemens AG is growing its health-care services and equipment company. The sale of Bayer Healthcare will aid Bayer AG in its finance of the Schering AG acquisition.

Acquisitions & mergers, Pharmaceutical preparations, Pharmaceutical industry, Mergers, acquisitions and divestments, Company acquisition/merger, Bayer AG, BAYZY

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Siemens CEO is battling the clock

Article Abstract:

Chief Executive Klaus Kleinfeld, Siemens AG of Germany has made several acquisitions causing some shareholders to fear their shares are losing value. Mr. Kleinfeld says it will take time to turnaround the electronics company. Share price has risen two percent to 64.79 Euros ($82.43).

ELECTRONIC & OTHER ELECTRIC EQUIPMENT, Management dynamics, Management, Electronics industry, Company business management, Company overview, Kleinfeld, Klaus

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Germany's Premiere to sell shares

Article Abstract:

Germany's Premiere AG, the pay-television operator is planning an initial public offering to sell as much as $1.57 billion in shares. It is one of the largest stock flotations by a German media company.

Comment:

Germany's Premiere AG, the pay-television operator is planning an initial public offering to sell as much as $1.57 billion in shares. It is one of the largest stock flotations by a German media company.

Europe, Financial management, Cable Television Systems, Cable Networks, Cable and other pay TV services, Industry Overview, Finance, Cable television broadcasting industry, Company financing, Premiere (Germany)

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