Bayer's Activist Investor Bluebell Seeks Breakup of the Company, Bloomberg Reports
11 January 2023 - 07:53PM
Dow Jones News
-- 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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