Bayer investor criticizes company chair for lack of initiative

  • 📰 Reuters
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 97%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

The Bayer investor Union Investment criticized Bayer's chair for a lack of engagement, such as exploring a spin-off of the company's consumer health division, according to an interview in WirtschaftsWoche.

A bridge is decorated with the logo of a Bayer AG, a German pharmaceutical and chemical maker in Wuppertal, Germany August 9, 2019. REUTERS/Wolfgang Ratta/File Photoinvestor Union Investment criticized Bayer's chair for a lack of engagement, such as exploring a spin-off of the company's consumer health division, according to an interview in WirtschaftsWoche.

Bayer Chair Norbert Winkeljohann "does seek dialogue with investors, but he should have initiated more," Markus Manns, portfolio manager at Union Investment, told WirtschaftsWoche. "It would definitely have been a matter for the supervisory board to help initiate a spin-off of Consumer Health," Manns added. He noted that chairs at competitors are much more engaged in creating value for shareholders.A spokesperson for Bayer declined to comment on Union Investment's position. "But generally speaking we are always open to a constructive dialogue with our stakeholders," the spokesperson said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Member of the public criticises company for lack of compensation for victims of Primodos scandal Bayer theresa_may

It looks like both have a different understanding of value enhancement and profit

What's your response to the Epstein Island flight log list proving Bill Gates DID go to the Island after you all stated it was a false accusation care to respond?

I'm pretty sure there is a lot more to criticize about bayer... if there were journalists working at Reuters we'd hear more about it.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

University of California's $4-billion real estate investment will worsen housing crisis, unions sayThe University of California poured $4 billion into a real estate fund managed by Blackstone last month. UC employees and housing advocates point out the fund has been buying up homes and apartments, which they say is causing rents to rise. 😂😂😂
Source: latimes - 🏆 11. / 82 Read more »

Cleveland man: Plan to force Columbus residents to pay for street parking an 'investment'A Cleveland man faced down Far North Side residents from whom he wants to collect $120 per month per vehicle when he appeared in a courtroom Tuesday. dirtbag
Source: DispatchAlerts - 🏆 72. / 68 Read more »

Deutsche Bank investment bank bonus pool down less than 10% - sourceDeutsche Bank's investment banking bonus pool for last year will fall by somewhat less than 10%, a person with knowledge of the matter said on Friday, providing more evidence of tougher times in finance.
Source: Reuters - 🏆 2. / 97 Read more »

‘Chicago Tonight’ in Your Neighborhood: West Garfield Park Community Coalition Receives $10M InvestmentA coalition of community-led groups just received $10 million from the Pritzker Traubert Foundation to help fund a wide-ranging project. It’ll bring together a range of services and opportunities — from health and wellness, to arts and culture and beyond. 20 years too late. The new gentrifiers will end up enjoying it. 60,000-square-foot center
Source: wttw - 🏆 520. / 51 Read more »

Joe Biden Named in Deal to Broker a Chinese $25M Energy InvestmentBiden in 2017 was named in a family business deal email to broker a $25 million Chinese investment into the American energy sector, according to a report. I was wondering which way they were going to remove him from office or at least stop him from running in 2024. I am sure they asked him ro step down and as stubborn and powerful as he thinks he is, he probably said screw you, I'm running again. 10% for the 'BIG GUY'!! Impeach that traitor!
Source: BreitbartNews - 🏆 610. / 51 Read more »