Bayer hires law firm to investigate Monsanto stakeholder file issue

FRANKFURT - Bayer said on Sunday it was hiring an external law firm to investigate French media complaints that Monsanto, the U.S. seed maker it took over last year, had compiled a file of influential personalities.

“This is not the way Bayer seeks dialogue with society and stakeholders. We apologize for this behavior,” Bayer said in a statement. It added, however, that there was no indication that compiling the lists was illegal. Bayer shares have shed more than 40 percent since a first adverse U.S. judgment on Roundup last August, leaving the company with a market capitalization smaller than the price it paid for Monsanto.

Source: Law Daily Report (lawdailyreport.net)

Mit CEO Baumann und seinem wegweisenden Monsanto Kauf ändern sich die Schwerpunkte bei Bayer: Früher wurde vor allem in Forschung investiert, heute eher in Rechtsberatung.

Stupid purchase, Bayer.

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