Business & FinanceDeals
Reuters exclusively reported that Artisan Partners is requesting the “de-merging” two of Bayer’s three business arms, adding to a chorus of demand for change from other investors.
Artisan’s call will add to the pressure on Bill Anderson, who was brought in from Swiss rival Roche (ROG.S) to take on the top job in June. Anderson has been tasked with reviving Bayer’s share price, which has underperformed rivals, weighed down by the lingering costs of U.S. weed killer litigation.
Topics of Interest: Business & FinanceDeals
Type: Reuters Best
Sectors: Pharmaceuticals & Healthcare
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story