One of the largest drugstore chain's in the U.S. announced it will no longer sell tobacco products at its 7,600 pharmacies by Oct. 1.
Preliminary takeover offer from Germany's Bayer AG values the company at about $2.4B.
Completes Pfizer's 2009 acquisition of rival Wyeth.
The Dutch chemicals maker will contribute its own drug manufacturing operations to the new company.
Net profit reached €733M, up from €516M in the same quarter a year ago.
French drug maker continued to suffer the effects of overpaying for acquisitions and a painful restructuring.
U.S.'s largest drug wholesaler looking to buy 50.01% stake in its German counterpart.
Hundreds born with severe defects after their mothers used the drug Thalidomide seek compensation.
Swiss drugmaker Roche Holding AG says it will propose that Christoph Franz be elected its next board chairman.
German drug and chemicals company Bayer AG says net profit rose 75 percent in the second quarter.
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