BAYZF - Bayer Holds Splitting Into Separate Units For Three Years Focus Shifts On Tackling Challenges | Benzinga
Bayer AG (OTC:BAYRY) (OTC:BAYZF) will hold off on plans to break the group, the new CEO Bill Anderson said.
On the question of the company’s structure and a possible break-up of the group, “our answer is ‘not now’ – and this shouldn’t be misunderstood as ‘never,'” said Anderson. “Of course, we will keep an open mind,” he added. Given the company’s very limited room to maneuver, “our priority is on tackling our challenges, boosting performance, and creating strategic flexibility.”
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