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Bayer Pares Dr. Scholl's In Latest Step Toward Core Consumer Portfolio

 
• By Malcolm Spicer

Bayer follows through on plans to divest Dr. Scholl’s after selling Coppertone business in May to focus on consumer lines such as Aleve oral analgesics, Claritin allergy treatments and Bayer Aspirin. Private equity firm Yellow Wood Partners creating stand-alone company to operate Dr. Scholl's.

Business Balance - A businessman carrying paperwork walking over a tight rope.

Bayer AG whittles its consumer health portfolio to the core lineup it expects will drive its turnaround in the sector by divesting the Dr. Scholl's foot care brand to private equity firm Yellow Wood Partners.

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