Bayer gets €3 billion in Apollo deal for contraceptives unit
- Posted on July 10, 2026
- By Business News Today
- 0 Views
- 1 min read
Bayer gets €3 billion in Apollo deal for contraceptives unit
Bayer secured three billion euros in equity from Apollo-managed funds. This deal involves its long-acting reversible contraceptives business. Apollo funds will take a minority stake while Bayer retains control. The financing strengthens Bayer's capital structure and financial flexibility. This transaction is expected to close in the third quarter of 2026.