The Bayer AG logo sits on the exterior of the company’s pharmaceutical factory in Berlin, Germany. (Photographer: Krisztian Bocsi/Bloomberg)

Bayer to Sell Dr. Scholl’s to Yellow Wood for $585 Million

(Bloomberg) -- Bayer AG agreed to sell the Dr. Scholl’s foot-care business to Yellow Wood Partners for $585 million, another effort by the German company to streamline operations amid investor crit...