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Acquisition

Bayer to sell its Environmental Science Professional business to Cinven for $2.6 bn

Bayer announced it has entered into a definitive agreement with Cinven regarding the sale of Bayer’s Environmental Science Professional business for a purchase price of $2.6 billion dollars (2.4 billion euros). “This divestment represents a very attractive purchase price and allows us to focus on our core agricultural business and the successful implementation of our […]

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Executive Movements Global

Werner Wenning to exit as Chairman of Bayer, Norbert Winkeljohann to succeed Wenning

Bayer Chairman Werner Wenning, will step down in April, with effect from the end of the Annual Stockholders’ Meeting on April 28, 2020. His exit comes in the aftermath of of a $63 billion takeover of Monsanto that has see  the German company entangled in costly lawsuits. He will be succeeded by Prof. Dr. Norbert […]