Bayer Sells Dr. Scholl's Brand to Yellow Wood Partners for $585 Million

Date : 07/22/2019 @ 2:38PM
Source : Dow Jones News
Stock : Bayer A.g. (PC) (BAYRY)
Quote : 18.88  0.265 (1.42%) @ 9:00PM

Bayer Sells Dr. Scholl's Brand to Yellow Wood Partners for $585 Million

Bayer A.g. (PC) (USOTC:BAYRY)
Historical Stock Chart

2 Months : From Jun 2019 to Aug 2019

Click Here for more Bayer A.g. (PC) Charts.
   By Nathan Allen 

Bayer AG (BAYN.XE) said Monday that it has agreed to sell the Dr. Scholl's foot-care brand to U.S. private-equity firm Yellow Wood Partners LLC for $585 million.

The German chemical group said the sale will allow it to focus on building up its core over-the-counter brands.

Yellow Wood Partners will acquire the rights to Dr. Scholl's products in the Americas, and take on around 30 people in the U.S.

The deal is set to close in the fourth-quarter, Bayer said.


Write to Nathan Allen at


(END) Dow Jones Newswires

July 22, 2019 09:23 ET (13:23 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

Latest BAYRY Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.