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Strategies & Market Trends : Speculating in Takeover Targets
ULBI 6.880-0.7%Nov 4 3:59 PM EST

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To: richardred who wrote (2588)4/25/2012 12:09:01 PM
From: richardred  Read Replies (1) of 7242
 
Bayer eyes multi-billion euro acquisition -sources
>snip
In late March, Bayer Chief Executive Marijn Dekkers said: "Every company of our size is looking for acquisition opportunities. You have to do it to remain competitive."

He has said his M&A focus would be on the healthcare and the genetically-modified seeds industries.

CEO Dekkers, who has a track record of big M&A deals like the creation of lab equipment maker Thermo Fisher, joined Bayer in 2011 and investors have been scouring for clues ever since as to where he plans to take the 148 year-old German drugmaker.

"Dekkers is keen to do something and it could happen within the next couple of days," one of the sources said.

reuters.com
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