What is the relationship between Costron and Bayer

Covestro, a subsidiary of Bayer, is a leading global producer of advanced polymers and high-performance plastics. Covestro (ETR:1COV) was spun off from the Bayer Group in September 2015 and is now a publicly traded company. Economically and legally independent, but still a wholly owned subsidiary of the Bayer Group, the company's business activities date back to the early 1900s with its predecessor Bayer MaterialScience, which arose out of the Bayer Group's Chemicals & Plastics business unit. As of October 10, 2018, the company had a market capitalization of €11.844 billion, a share price of €61.72, earnings per share for the last 12 months of €9.93, and a price-to-earnings ratio of 6.25.

President of COST China

Bayer is an innovative life sciences and pharmaceutical company with a history of over 150 years. Bayer (ETR: BAYN) is one of the world's most recognized Fortune 500 companies and is headquartered in Leverkusen, Germany.

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