Dusseldorf It was a liberating day for Bayer boss Werner Baumann: exactly five years ago he completed the $ 63 billion purchase from US seed manufacturer Monsanto. On September 14, 2016 in New York, after months of struggle, he finally announced the takeover agreement with Monsanto management. In the days that followed, he sought trust among the employees of the US group and in Leverkusen, Germany.
The years after that were less relaxed for Baumann: The Monsanto weed killer glyphosate became a billion-dollar trap, plus the harsh headwinds from the public and investors. The latter even withdrew their confidence in the Bayer Board of Management at the 2019 Annual General Meeting and called the takeover a “debacle.”
Five years of Monsanto in five graphs show how the takeover changed Bayer and continues to burden the company today.
1. The crash of Bayer shares: when does the knot burst?
Read on now
Get access to this and every other article in the
Web and in our app for 4 weeks free of charge.
Further
Read on now
Get access to this and every other article in the
Web and in our app for 6 weeks.
Further
.