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Bayer AG (BAYN GR) holds an overall “narrow economic moat” rating from Morningstar: “The combination of the company's wide-moat pharmaceutical … https://www.google.com/url?rct=j&sa=t&url=http://marketrealist.com/2017/07/bayer-creating-value-innovation/&ct=ga&cd=CAIyH2ZlZDNkYWI2OTYyYjI1ODQ6Y29tLmNvOmVuOkNPOkw&usg=AFQjCNFRRp0Q_3niqS3EfVw_DDUmZC7uMA

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