written on 28.04.2014

UPDATED: Merck could snag $14B from consumer biz as Bayer, Reckitt race to the wire

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Merck has entered the home stretch with its consumer unit sale, and the deal may be even bigger than previous reports have hinted. According to <em>Reuters</em>, the unit could go for close to $14 billion–a number that could climb even higher as front-runners Bayer and Reckitt Benckiser duke it out.