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...He joined US firm Biogen and then Genentech....
...These are largely, but not exclusively, a legacy of its $63bn acquisition of US crops company Monsanto in 2016....
...from the fallout of its ill-fated $63bn takeover of US seeds-maker Monsanto in 2016, which saddled the company with billions in debt and exposed it to costly litigation over Roundup....
...of US seed maker Monsanto, which was masterminded by Baumann and executed despite staunch shareholder opposition....
...US trial attorneys are eager to keep fighting Bayer in court....
...Alongside Ubben, Bayer nominated Nancy Simonian, the former CEO of US biotech company Syros Pharmaceuticals, and Lori Schechter, the former general counsel of US healthcare group McKesson, to join its supervisory...
...left it exposed to an expensive legal fight over a weedkiller in the US....
...How did Bayer get here? The company is still reeling from its ill-fated $63bn takeover of the US seeds maker Monsanto in 2016....
...Over the weekend, Bayer also lost a key court case in the US on weed killer Roundup, which it acquired via its merger with Monsanto....
...Leverkusen, which is owned by chemicals company Bayer, is one of a handful of exceptions....
...cent of the US firm’s portfolio....
...Bayer is under pressure from shareholders as it is reeling from the $63bn acquisition of US crop science giant Monsanto....
...Over the weekend, Bayer also lost a key case in the US related to the weed killer Roundup, which it acquired when it bought Monsanto in 2016....
...Bayer’s weak cash flow, US litigation issue and lacklustre operational performance meant Anderson was running out of time to decide, Speich added....
...So with its mushrooming courtroom losses, Bayer is trying a new strategy by going state by state in the US to get legislation passed that would say the Environmental Protection Agency’s rules for pesticides...
...Bayer: Shares in the German chemicals and pharma company gained 2 per cent after reports it may spin off its CropScience unit....
...Bayer decided to scale up, shunning an informal approach by US seed maker Monsanto for its agrochemicals unit....
...Bayer has had to pay out billions of dollars after juries in litigation that was also led by Wisner found a link between a weedkiller developed by Monsanto, the US company the German group acquired in 2018...
...Big share price moves in Europe today include Swiss cement giant Holcim, German pharmaceuticals group Bayer, and Dutch conglomerate Philips....
...Corporate updates: German pharmaceutical company Bayer reports full-year results, alongside a strategy update from chief executive Bill Anderson, as the company faces numerous lawsuits in the US....
...Lex has been following the travails of Bayer and the fallout from its disastrous acquisition of Monsanto in 2016....
...Germany’s Bayer and French giant Sanofi, which makes polio vaccines, have followed suit....
...US trial attorneys are attempting to ratchet up pressure on Bayer over its Roundup weedkiller despite the company attempting to turn the page on litigation alleging that the herbicide causes cancer....
...It is the latest financial hit from the group’s ill-fated 2016 takeover of US rival Monsanto, a transaction that exposed Bayer to up to $16bn in litigation costs over cancer cases allegedly linked to glyphosate...
...It is the latest financial hit from the firm’s ill-fated 2016 takeover of US rival Monsanto, a transaction that exposed Bayer to up to $16bn in litigation costs over cancer cases allegedly linked to glyphosate...
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