Bayer may sell radiology unit to PE for EUR 4bn; dermatology business could fetch EUR 1bn - report (translated)
Bayer, the German medical company, may get EUR 4bn for its radiology business, which interests private equity firms,Boersen-Zeitung reported.
The unattributed report also said Bayer may sell its dermatology business for EUR 1bn.
The report said a possible sale of the business dealing with diagnostic imaging equipment and contrast agents is likely to be managed by Goldman Sachs, but nothing is decided yet.
JPMorgan is advising on a sale of the dermatology products unit, the unsourced article claimed.