Rhoen-Klinikum says will examine Fresenius offer

FRANKFURT (Reuters) – Rhoen-Klinikum AG said it would examine a takeover offer made by Fresenius SE thoroughly and then make a statement on it. “This statement will not only relate to the reasonableness of the price, but also to the question whether the bid also safeguards the interests of the company and also especially the legitimate interests of its employees,” it said on Thursday after Fresenius announced a 3.1 billion euro ($4.09 billion) bid. Fresenius said earlier Rhoen-Klinikum’s founder and Chairman Eugen Muench, who controls 12. …

Hong Kong suspends poultry imports from Liaoning over bird flu

HONG KONG (Reuters) – Hong Kong on Thursday suspended imports of poultry products, including eggs and frozen meat, from China’s northeastern Liaoning province for 21 days after the authorities there confirmed an outbreak of H5N1 bird flu. Hong Kong imported about 28,000 tonnes of frozen poultry and 103 million poultry eggs from Liaoning in 2011. “The outbreak in Dalian city was among chickens,” said a Hong Kong government spokesman, who had no further details. The H5N1 virus mainly affects birds, but occasionally jumps to people. …

Bayer Q1 profit beats estimates on pesticides sales

FRANKFURT (Reuters) – Quarterly earnings at Germany’s largest drugmaker Bayer surpassed expectations as strong sales of farming pesticides offset margin pressure at its engineering plastics unit. First-quarter adjusted earnings before interest, tax, depreciation and amortization (EBITDA) for the group rose 9.4 percent to 2.44 billion euros ($3.22 billion), above the average estimate of 2.23 billion in a Reuters poll. The shares were indicated about 3 percent higher in the pre-market trades, outperforming a flat benchmark index DAX. …

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