Chemist, Bayer continues to pay for the repurchase of Monsanto

What are shareholders raised that Werner Baumann, the head of Bayer, will have to face, this Friday, at the annual general meeting of the German giant of the ch

Chemist, Bayer continues to pay for the repurchase of Monsanto

What are shareholders raised that Werner Baumann, the head of Bayer, will have to face, this Friday, at the annual general meeting of the German giant of the chemistry. Because it is he who has decided, just three weeks after his arrival at the head of the group in 2016, to redeem the american Monsanto, passing in addition to his nefarious reputation.

a few weeks ago, this former economist continued to shout that this acquisition, the largest ever conducted by a company in germany and abroad, was a good idea. But in three years, the market value of the group has already shrunk from $ 30 billion, and will fall to 56 billion euros. Today, Bayer is not worth more than what he paid to redeem Monsanto.

" READ ALSO - Glyphosate: a debate polluted by the image of Monsanto

Since last August a court of the State of California was ordered to pay $ 289 million (reduced from $ 78.5 million) to ...

Date Of Update: 26 April 2019, 00:00
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