Bayer AG CEO Won't Bow to Pressure to Divest Plastics, Boersen Says

Bayer AG (BAYN) Chief Executive Officer Marijn Dekkers won’t yield to pressure from investors to sell the company’s plastics businesses, Boersen-Zeitung reported, citing an interview with the executive. While he is approached “almost daily” by some investors to separate the material science unit from the pharmaceutical and crop science businesses, investors that prefer strictly focused companies aren’t loyal shareholders, the newspaper reported Dekkers as saying.

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