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Bayer to buy Merck consumer health business for $14.2 billion



Published: Wed, May 7, 2014 @ 12:00 a.m.

Associated Press

TRENTON, N.J.

Germany’s Bayer plans to buy U.S.-based Merck & Co.’s consumer health business, creating a combined medicine cabinet of household names from Bayer’s aspirin to Merck’s Claritin allergy pills.

The $14.2 billion deal announced Tuesday would vault Bayer AG atop the nonprescription medicine business across North and Latin America.


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