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Source: REUTERS, 2/26/20
Bayer (BAYGn.DE) Chairman Werner Wenning, one of the architects of a $63 billion takeover deal that has left the German crop protection company fighting costly lawsuits, will step down in April, it said on Wednesday. Bayer shares have plunged about a quarter in value since August 2018, when the company lost the first U.S. lawsuit claiming weedkiller Roundup - acquired via the takeover of Monsanto - causes cancer. For more of this story, click here.
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