Bayer Prepares for Its Biggest Investment Outside of Germany

摘要

Bayer AG (Leverkusen,Germany;www.bayer.com) is selling its 49.9% stake in the joint venture,GE Bayer Silicones,to its partner General Electric Co.(Fairfield,CT;www.ge.com) for 60 million.Bayer said its 2006 full-year financial income will increase by 318 million as a result of the sale,which is expected to close by the end of the year.