Bayer’s third selldown of shares in former unit Covestro raises €1.2bn

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Bayer’s third selldown of shares in former unit Covestro raises €1.2bn

Covestro factory from media gallery 230 x150

Bayer, the German life sciences company, took one more step towards full separation from Covestro, the plastics company it span off in 2015, when it launched another block trade on Tuesday night for around €1.2bn of the company.

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