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.
Business & FinanceDeals
Bayer investor Artisan calls for breakup of company
25 August 2023, 4:06 pm 1 minute
Market Impact
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.
Article Tags
Topics of Interest: Business & FinanceDeals
Type: Reuters Best
Sectors: Pharmaceuticals & Healthcare
Regions: Europe
Countries: Germany
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
