is facing demands from activist investor Bluebell Capital Partners to break up, a person familiar with the matter told Reuters, pushing shares in the diversified health and agriculture group to a five-week high.
Bluebell is also seeking to have supervisory board Chairman Norbert Winkeljohann and Chief Executive Officer Werner Baumann replaced, the person said. A stalwart of German industry with a nearly 160-year history, Bayer has lost over 40% of its market value since its 2018 takeover of Monsanto, which was followed by a string of lawsuits over allegations that Monsanto's Roundup weedkiller causes cancer.Inclusive Capital PartnersA third activist investor, Elliott Management, took a 1.1 billion euro stake in Bayer in 2019 but has since kept a low profile.
Awww hell....what does HE know...that the rest of us DON'T?!!! 🤔🤔
🤣😂
Bayer supporting the Indian governments brahmisim policy by depriving the sc/st, obc ,minorities and women by its recent research scholarships which are reserved for EWS category of upper caste..
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Source: Reuters - 🏆 2. / 97 Read more »
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