Bayer sells diabetes business to Panasonic for €1bn
Bayer
Frankfurt - AFP
German pharmaceuticals and chemicals giant Bayer said Wednesday it has agreed to sell its diabetes care business to Panasonic Healthcare Holdings for 1.022 billion euros ($1.2 billion).
"Bayer has entered into a definitive agreement to sell its Diabetes Care business to Panasonic Healthcare Holdings," which is 80-percent owned by US investor KKR and 20-percent by Panasonic Corporation, the German company said in a statement.
The sale covers Bayer's portfolio of blood glucose monitoring meters and strips, as well as lancing devices.
"Closing of the transaction is subject to customary conditions, including relevant antitrust clearance, and is expected to occur in the first quarter of 2016," Bayer said.
- Thursday ,13 December GMT 22:53 2018 Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar Properties
- Thursday ,06 December GMT 13:41 2018 Tyre maker Continental opens lab to extract rubber from dandelions
- Friday ,30 November GMT 15:22 2018 Paper industry around famous Chinese lake to be shut down by 2019
GMT 22:53 2018 Thursday ,13 December
Indian Minister of Trade meets with UAE Ambassador, Chairman of Emaar PropertiesGMT 13:41 2018 Thursday ,06 December
Tyre maker Continental opens lab to extract rubber from dandelionsGMT 15:22 2018 Friday ,30 November
Paper industry around famous Chinese lake to be shut down by 2019GMT 11:13 2018 Sunday ,18 November
Electricx 2018 kicks off with participation of over 20 countriesGMT 14:17 2018 Thursday ,25 October
BP eyes entering several new Rosneft projectsGMT 12:08 2018 Saturday ,20 October
OPEC participants performed Vienna Agreement by 111%GMT 16:14 2018 Saturday ,06 October
Saudi Aramco IPO to go ahead by early 2021GMT 19:01 2018 Thursday ,04 October
LEAD S. Korean firms offer aid for quake-hit Indonesia
Economic conference on investment opportunities in Syria kicks off
Bucharest - SANA
With the participation of 120 representatives of Romanian companies, Chambers of Commerce and industry, An economic conference on “Reconstruction in Syria between the development of economic steadfastness and the opportunities ofRussia tests new telemetry system during manned Soyuz MS-11 spacecraft’s launch
Moscow - TASS
The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launched from the Baikonur CosmodromeLiverpool, Manchester City seek neighbours' help in title chase
London - DPA
Liverpool and Manchester City will be looking for a little help from their not-so-friendly neighbours this weekend. The Premier League front-runners face each other's local rivals when City host Everton and Liverpool take on Manchester United. Liverpool jumped above City at theBlue light in smartphones linked to blindness and some cancers
Spain - DPA
Ever since we have started to become chained to our smartphones and tablets, people have been saying that the waves coming off these devices must be bad for us. So often laughed off as conspiracy theorists, it now looks more and moreFestive Fashion by Dubai-based designer ASMARAÏA
Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
GMT 19:49 2017 Monday ,18 September
IPO of 'Angry Birds' owner takes flight in Helsinki
GMT 21:05 2017 Thursday ,04 May
Death toll in northeastern Iran mine blast reaches 22
GMT 13:26 2017 Thursday ,30 March
More whistle-blowers are talking to WADA
GMT 07:37 2017 Monday ,20 February
Atlas Telecom launches breakthrough coastal surveillance
GMT 09:05 2017 Wednesday ,11 January
France sells off Engie stake to finance Areva rescue
GMT 04:47 2017 Wednesday ,06 December
US firms invited to bid for Saudi nuclear plants
GMT 13:34 2017 Tuesday ,05 December
Hariri to return to Paris Friday for Lebanon meeting
GMT 09:52 2017 Friday ,13 January
Nearly two-thirds of US voters want Trump to close Twitter account
GMT 11:20 2017 Sunday ,28 May
Policeman killed by unknown militants in North Sinai
GMT 09:44 2016 Sunday ,11 September
'The Legend of Marco Polo' staged at 5th Minorities Art Festival in Beijing
GMT 13:28 2017 Friday ,01 December
Chinese satellite closes in on dark matter mystery
GMT 03:38 2017 Wednesday ,26 July
President Jokowi has taken decision on ministers
GMT 04:43 2017 Thursday ,13 July
German gamblers may have revealed secrets of ‘Game of Thrones’ season 7
GMT 11:52 2018 Thursday ,13 December
Britain's May to appeal to EU for help to salvage Brexit deal
GMT 08:11 2018 Tuesday ,23 January
Davos-bound bosses very upbeat on world economy
GMT 15:48 2018 Sunday ,21 January
DEWA achieves lowest customer minutes lost per year worldwide
GMT 01:24 2017 Wednesday ,20 December
Pope attracts world-record crowd in wet Philippines
GMT 04:53 2017 Thursday ,14 December
Rocker Hallyday buried in Caribbean
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor