Bayer to buy part of U.S. pharmaceutical companny Merck for USD 14.2 billion
Bayer Chief Executive Marijn Dekkers said Tuesday that the proposed agreement represented "a big landmark on the company's path to becoming a global leader in attracting the companies that produce over-the-counter drugs".
Bayer announced that this acquisition would make it a leader in North and South America when it comes to over-the-counter retail products.
This company already owns some main OTC brands such as painkillers Alev and Alka-Selcer and the vitamin One-a-day.
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