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Flotation on the stock market planned by mid-2016 at the latest.
June 1, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Bayer has announced that the new name of its MaterialScience business will be Covestro. It will be effective on Sept.1, 2015. Bayer intends to float Covestro on the stock market by mid-2016 at the latest. The plan for Bayer MaterialScience to become a separate company was announced in September 2014. The name Covestro is made from a combination of words that reflect the identity of the new company. The letters C and O come from collaboration, while VEST signifies the company is well invested ...
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