Bayer concludes sale of factory in São Paulo to União Química

The German pharmaceutical company Bayer concluded the sale of its Cancioneiro unit, in the city of São Paulo, to the Brazilian pharma company União Química. In addition to the factory, which produces contraceptives, União Química bought a portfolio with nine female hormones. The deal is valued at between R$400 million and R$600 million. União Química estimates that its revenue in the first...

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