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Bayer investor Artisan urges company split amid growing calls for reform

Bayer is facing demands from investor Artisan Partners to split its business divisions and find new owners for certain units. This call for change joins a growing chorus of demands for transformation from various other investors.

Bayer Investor Artisan Calls For Breakup Of Company

Bayer Investor Artisan Calls For Breakup Of Company
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Bayer Split Called by Investor Artisan Joins a Growing Chorus

Bayer Split Called by Investor Artisan Joins a Growing Chorus
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Exclusive-Bayer investor Artisan calls for break up

LONDON (Reuters) -Bayer is a "conglomerate" that needs to make major changes including "de-merging" two of its three business arms, investor Artisan Partners told Reuters on Friday, as pressure mounts on the German group's new CEO to bolster weak shares. Artisan wants the drugs-to-pesticides company to find new owners for its over-the-counter and pharmaceutical units, it said. "Recently we wrote a letter to the conglomerate Bayer and it is a conglomerate," David Samra, founding portfolio manager of Artisan's International Value team, said in an interview.

Exclusive: Bayer investor Artisan calls for break up

Exclusive: Bayer investor Artisan calls for break up
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

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