BAYN

Bayer AG

54.40
1.02 (1.91%)
Share Name Share Symbol Market Type
Bayer AG XE:BAYN XETRA Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  1.02 1.91% 54.40 54.40 54.33 54.55 53.26 53.40 1,974,691 16:45:00

Bayer's Activist Investor Bluebell Seeks Breakup of the Company, Bloomberg Reports

11/01/2023 8:53am

Dow Jones News


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-- Bluebell Capital Partners has built a holding in Bayer and is now pushing for a governance overhaul and for a breakup of the company's agricultural and pharmaceutical divisions, Bloomberg reports citing unnamed sources.

-- Bluebell has also pressed Bayer to consider a sale of its consumer-health division and to appoint an independent chairman to its supervisory board, according to Bloomberg.

-- Bayer told Bloomberg that the company is always willing to engage constructively with stakeholders but declined to comment further. Bluebell declined to comment to Bloomberg.

 

Full story: https://bloom.bg/3X7T6dp

 

Write to Cecilia Butini at cecilia.butini@wsj.com

 

(END) Dow Jones Newswires

January 11, 2023 03:38 ET (08:38 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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