By Chelsea Naso ( March 1, 2017, 4:27 PM EST) -- Bayer cut its stake in Covestro, the material sciences business it spun off in 2015, raising €1.5 billion ($1.58 billion) as the German drug and chemical maker looks to reduce debt ahead of its planned, $66 billion acquisition of U.S. agrochemical company Monsanto, according to a Wednesday statement....
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