World Markets

Macquarie leading bidder for Bayer's chemical park operator


By Arno Schuetze and Ludwig Burger

FRANKFURT, March 1 () - Macquarie has emerged as the leading bidder for Bayer's stake in chemical park operator Currenta, which the German drugmaker has put on the block to reduce its debt pile, people close to the matter said.

Talks between Bayer and the Australian bank's Macquarie Infrastructure and Real Assets (MIRA) arm over the 60 percent stake will likely continue for a few more weeks and the deal could still fall apart given the complexity of multi-party negotiations, they added.

Bayer, Macquarie, KKR and DWS declined to comment, while Omers had no immediate comment.

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