Financial News

Singapore's Temasek buys 3.6 pct Bayer stake in capital increase

FRANKFURT, April 16 (Reuters) - Bayer, the German drugmaker that is taking over seed company Monsanto, said Singapore's state-owned Temasek Holdings would buy a 3.6 Bayer stake from newly created shares in a 3 billion euro ($3.7 billion) transaction.
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