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Bloomberg: Bayer in exclusive talks for Merck consumer health business

  • Bayer (BAYZF, BAYRY) is in exclusive talks to buy Merck's (MRK) consumer health business for ~$14B, and a deal announcement is likely in the next few days, Bloomberg reports.
  • Reckitt Benckiser said yesterday it was no longer in active discussions for the business.
  • A deal would strengthen MRK’s core drug business while aiding Bayer's consumer products line by adding brands including Claritin.
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