FRANKFURT Feb 27 Germany's Bayer
said it would buy Dihon Pharmaceutical Group Co, a privately
held pharmaceutical company specialising in over-the-counter
(OTC) and herbal traditional Chinese medicine (TCM) products.
Bayer said on Thursday it expected the deal to close in the
second half of 2014, without providing financial details.
Dihon, which has several manufacturing sites throughout
China, has about 2,400 employees and generated sales of 123
million euros ($168.1 million) in 2013, Bayer said.
($1 = 0.7317 euros)
(Reporting by Maria Sheahan; Editing by Victoria Bryan)