Bayer’s medical skin creams draw suitors Lupin, BC Partners: sources

The logo of Bayer AG is pictured at the Bayer Healthcare subgroup production plant in WuppertalBy Arno Schuetze, Pamela Barbaglia and Ludwig Burger FRANKFURT (Reuters) – Bayer has short-listed India&;s Lupin and investor BC Partners as prospective buyers of medical skin cream assets in a potential 1 billion euro ($1.1 billion) deal, several people familiar with the sale told Reuters. Germany&039;s Bayer has for more than two years sought to narrow the focus of its healthcare division and its planned $66 billion Monsanto takeover has added urgency to that drive. Bayer has, however, said a debt package and cash call would suffice to finance the Monsanto purchase, its largest ever transaction.

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Thai King Bhumibol, world’s longest-reigning monarch, dies – palace

File photo of Thailand's King Bhumibol Adulyadej waving as he returns to Siriraj Hospital after a ceremony at the Grand Palace in BangkokBy Aukkarapon Niyomyat and Amy Sawitta Lefevre BANGKOK (Reuters) – Thailand&;s King Bhumibol Adulyadej, who was the world&039;s longest-reigning monarch, died in hospital on Thursday, the palace said in an announcement. King Bhumibol reigned for seven decades after ascending the throne in 1946. Prime Minister Prayuth Chan-ocha addressed the nation shortly after the announcement of the king&039;s death to say an heir to the throne had been designated since 1972 and that the government would inform parliament of the choice.Prayuth did not identify the heir but King Bhumibol designated prince Vajiralongkorn the heir apparent when he invested him as the crown prince in 1972.

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Dying for a pee: Cape Town’s slum residents battle for sanitation

Temporary toilets stand in front of shacks in Khayelitsha township, Cape Town, South AfricaBy Paola Totaro CAPE TOWN (Thomson Reuters Foundation) – Siphesihle Mbango was just six years old when her friend, Asenathi, begged her to go with her to the toilet then ran outside alone – and was never seen again. "We were at the crèche and she wanted me to go with her," but I told her I was busy, I was playing, I didn&;t want to go and she went out by herself," she said, at her home in a Cape Town slum. Part of Khayelitsha, one of the world&039;s five biggest slums, Endlovini is home to an estimated 20,000 people who share just 380 or so communal toilets.

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