Bayer shareholders vote against board after Monsanto merger
Published Fri, Apr 26, 2019 · 10:53 PM
[BERLIN] Bayer shareholders voted against the management board of the German chemical giant at Friday's annual general meeting amid tension over the decision to buy US seeds and pesticides maker Monsanto.
At the AGM in Bonn, 55.5 per cent voted against the board, led by embattled CEO Werner Baumann, with just 44.5 per cent of shareholders in favour - a huge drop down from 97 per cent support last year.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Consumer & Healthcare
Another Cordlife director arrested amid CAD probe
Genting chairman says open to casino resort development in UAE
Spotify sued over alleged unpaid royalties
Under Armour forecasts downbeat annual sales and profit, shares slump
J&J to acquire Proteologix for US$850 million
Watches of Switzerland sees used watch sales double