Bayer Open to Bids for BMS
Bayer says would consider attractive bid for MaterialScience
LEVERKUSEN, Germany Thu Feb 26, 2015 6:24am EST
(Reuters) – Bayer's (BAYGn.DE) chief executive said the drugmaker would have to consider any attractive takeover offer for the MaterialScience unit, which Bayer plans to list on the stock exchange, but he signaled that jobs security would be taken into account.
"Of course if a convincing offer were to be made we would have an obligation to evaluate that offer but that would be in the context of all the interested stakeholders," CEO Marijn Dekkers said at a press conference.
He added the company would talk about expectations beyond 2015 at its investor conference in Berlin, scheduled for March 11.
(Reporting by Ludwig Burger; Editing by Victoria Bryan)