Hints and tips:
...“The Texas two-step, which is what J&J did, well OK, let’s look at that. Does it make sense? Does it apply here?” Ubben said. Bayer has faced off with activists before....
...Over the race’s history, tycoons from banker J Pierpont Morgan to technology billionaire Larry Ellison have thrown huge sums at teams....
...Another chief executive under pressure was Werner Baumann, boss of Bayer, the German pharmaceuticals and chemicals company....
...In a letter to Monsanto management, chief executive Werner Baumann said Bayer and its lawyers had analysed all the regulatory issues and “are very confident that we will be able to obtain all necessary approvals...
...Joe Spooner at Jefferies said: “We don’t think management had any real choice but to abandon their previous steer to pay up to £50m in dividends for the year....
...Graham Spooner, investment adviser at the Share Centre, notes that branches of Tesco and Sainsbury’s near coastal areas have been doing well but, as it is a small part of their business, he believes it...
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