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The Economic Times

Economy / The Economic Times

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Bayer gets 3 billion in Apollo deal for contraceptives unit

Bayer secured three billion euros in equity from Apollo-managed funds. This deal involves its long-acting reversible contraceptives business. Apollo funds will take a minority stake while Bayer retains control. The financing strengthens Bayer's capital structure and financial flexibility. This transaction is expected to close in the third quarter of 2026.

10 Jul 2026 12:56 pm