© Reuters. FILE PHOTO: The brand of Bayer AG is pictured on the facade of the historic headquarters of the German pharmaceutical and chemical maker in Leverkusen, Germany, April 27, 2020. REUTERS/Wolfgang Rattay/File Picture
(Reuters) – Bayer (OTC:) on Tuesday reported a internet lack of 1.89 billion euros ($2.08 billion) for the second quarter, weighed down by 2.3 billion euros in impairment prices.
The assertion primarily based on audited outcomes got here after the German medication and pesticides maker in July cited preliminary figures as displaying anticipated goodwill impairments value about 2.5 billion euros, resulting in a second-quarter internet lack of 2 billion euros.
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