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...Bayer paid $65bn for Monsanto assets that included a glyphosate weedkiller called Roundup....
...The decision marks one of the biggest Roundup losses for Bayer, which acquired Roundup when it completed its acquisition of Monsanto in 2018....
...A co-founder of activist fund ValueAct, Ubben said last year that his three-year-old Inclusive Capital was being wound down. He is also on the board of US oil major ExxonMobil....
...The company said it would cut “multiple layers of management and co-ordination” by the end of this year as Anderson aimed to shift the bulk of the decision-making “from managers to the people doing the work...
...The company is still reeling from its ill-fated $63bn takeover of the US seeds maker Monsanto in 2016....
...It also invested in Bayer, which owns Monsanto and the weedkiller Roundup....
...But the Monsanto acquisition, which is regarded by analysts as one of the most destructive of shareholder value in recent decades, will define his tenure at the top....
...Letter in response to this article: Sweetener controversy puts beverage industry on notice / From Jack Scott, Co-Founder, Dash Water, London W1, UK...
...So, in theory, did the Monsanto deal. Bayer saw attractions in combining its expertise in herbicides with Monsanto’s strength in seeds....
...thegardencinema.co.uk...
...Victor Lazarte, the co-founder and chief of gaming start-up Wildlife Studios, has joined venture capital firm Benchmark as a general partner....
...The decision frustrates Bayer’s plan to stem the wave of litigation it has faced since its $63bn takeover of agrichemicals group Monsanto in 2018....
...Wisner was co-lead counsel in 2019 lawsuits against Bayer and its new owner Monsanto over claims the Roundup weedkiller had caused cancer....
...Liam Condon is departing as president of Bayer’s crop science division, which includes the US agrochemical group Monsanto, the subject of an ill-fated takeover by the German drugmaker in 2018....
...Monsanto’s herbicide Roundup was used to kill native seedlings: the theory was that they would otherwise crowd out the commercially prized ones....
...The Chinese government, for their part, refused to co-operate during the trial....
...A share price collapse since the Monsanto acquisition rules out big deals....
...He won, and Monsanto, now owned by German company Bayer, paid $80m in damages....
...For his part, Mr Baumann remains a true believer in the merits of the Monsanto deal....
...Perhaps even more controversial is genetic modification, which has fuelled the growth of multi-billion-dollar companies such as Monsanto and Syngenta....
...a Monsanto product....
...Elsewhere, a discovery in US court proceedings brought to light private memos written by corporate intelligence firm Hakluyt & Co....
...Mr Cohen’s offences included tipping off a Swiss trader about Monsanto and ChemChina’s $45bn-$47bn bids to buy Swiss agricultural technology group Syngenta in 2015, and Arby’s 2017 deal to buy the parent...
...One thing to start: Bayer will pay up to $10.9bn to settle a wave of lawsuits over the potential carcinogenic effects of its pesticide product Roundup, relating to its takeover of US agrichemical company Monsanto...
...Climate Corp is one of the pioneer agritech start-ups that was bought by Monsanto in 2013 for just under $1bn....
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