Main Bayer shareholder Harris backs CEO’s give attention to inner restructuring
Enterprise & FinanceWell being
07 March 2024, 1:56 pm 1 minute
Reuters solely reported that main Bayer shareholder Harris Associates got here out in sturdy help of the drugmaker’s determination to droop work on breaking apart the diversified group, giving some respiration room to its embattled CEO.
Market Impression
The information prompted Bayer’s shares to considerably slender losses. The group’s inventory closed down 0.9% following the feedback after having fallen as a lot as 6.3% earlier within the session.
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