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Bayer AG gets Sterling Winthrop's North American OTC business

Executive Summary

Bayer AG subsidiary Miles will pay $1 billion to SmithKline Beecham PLC for the North American OTC portion of Sterling Winthrop. Eastman Kodak recently sold Sterling's global OTC medicine business to SB for $2.93 billion.
Deal Industry
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Partial Acquisition

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