Elanco to buy Bayer's animal health unit for $7.6 billion
August 20, 2019 at 05:45 AM EDT
Elanco Animal Health Inc said on Tuesday it would buy Bayer AG's animal health unit in a cash and stock deal valued at $7.6 billion, a move that would create the second largest animal health business and expand Elanco's reach in the pet e-commerce space.
