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Breakingview: Bayer's plastic float

5:00am EDT - 02:21

Sept. 18 - Bayer unveil plans to float its plastics business, eventually turning into a pure healthcare company. The sharp focus pleases markets, says Reuters Breakingviews.

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I says that record high today -- the company said it was going to. Yeah sticks classics you know with me now looking closely at this story is breaking these sequenced and -- thank you so much for joining us. It is really seems like the viewers is because there are keen on the -- -- Yeah and this is something we've seen in other two cases two in recent months people rewarding companies are saying we gonna do one thing that's a rather than doing. A range of things you know otherwise. The -- attentive kind of that and companies from what they call a conglomerate. Discount whereas with less than the sum of the parts because they're trying to do different things if you if you and -- -- think. RB that's -- making my own decisions about which kind of grab bag and assets I have -- -- -- rather left hand company Dina forming. And those materials science is very anxious and company is it's quite high tech plastics. How much could it be well yes well that's a good question nine analysts seem to think something and you order of ten to twelve. Billionaire is a sorry eight to ten maybe twelve at the at the top and we will see. It because it will come out on the stock market -- we could be. I'm just spun off to existing shareholders on May be some -- will be sold to new investors but we will see but something if you order of ten billion yours. A case quite configure their suit is just not have a much small focused. Buying there and we didn't see buyer for example quick hits agro chemicals businesses while it's. Well -- has already over the years being kind of changing its shape and it ball so. Recently and over the counted drugs is a very big pitch is that so what I'm saying is that might be won -- lost. Round of focusing today which is that they were sent to speak. Crop science business and perhaps we'll know I got an outcome of slightly harder to separate from the main. Health -- consuming drugs business perhaps thought to advancing. Com thank you very much second and went from breaking views. So much and assessing financial and time to watch a US breaking the -- everyday at twelve says he Easton seventeenth NC BST I'm imagining a long and this is what is.

Breakingview: Bayer's plastic float

5:00am EDT - 02:21

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