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The Nexus
BUSINESSJul 10 · 08:47 UTCFINANCIAL TIMES WORLD

Bayer sells stake in contraceptives business to Apollo in €3bn financing deal

Bayer has sold its stake in the contraceptives business to Apollo in a €3 billion financing deal. The transaction aims to strengthen Bayer's balance sheet following years of legal challenges related to its Roundup weedkiller.

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