Thursday, February 6, 2025

Bayer to buy Merck consumer business for $14.2B

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The Associated Press

FRANKFURT, Germany — Germany's Bayer has agreed to buy Merck & Co.'s non-prescription medicine and consumer care business for $14.2 billion, gaining products such as Claritin allergy pills, Coppertone sun lotion and Dr. Scholl's footcare products.

Bayer said the deal would make it the leader in over-the-counter products in North and Latin America. Bayer already has a major non-prescription division whose brands include Aleve pain reliever, Alka-Seltzer and One-A-Day vitamins. Bayer also makes prescription drugs, industrial materials and farm chemicals.

Marijn Dekkers, Bayer's CEO. . .

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