Bayer Second-Quarter Profit Gains 5.7% Amid Monsanto Pursuit

Bayer Second-Quarter Profit Gains 5.7% Amid Monsanto Pursuit


Bayer AG, the German chemicals company seeking to acquire Monsanto Co., reported a 5.7 percent increase in second-quarter profit as prescription-drug sales helped offset weakness in its crop sciences and consumer health units. Earnings before interest, taxes, depreciation and amortization, and excluding some costs, climbed to 3.05 billion euros , the Leverkusen, Germany-based company said in a statement on Wednesday.



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