Apollo to invest €3bn in pharmaceutical biz Bayer

  • The transaction is a minority, non-controlling stake in a newly established entity holding Bayer’s long-acting reversible contraceptives business.
  • The investment will support Bayer’s capital structure and provide additional flexibility for manging increased liquidity requirements.

Apollo has agreed to make a €3 billion minority investment in German multinational pharmaceutical and life sciences company Bayer.

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