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Bayer's Embattled CEO Faces Growing Shareholder Opposition
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Bayer's Embattled CEO Faces Growing Shareholder Opposition
A growing number of shareholders have said they won’t support executives and supervisory board members in a no-confidence vote at Friday’s annual meeting in Bonn, Germany. Buying Monsanto was supposed to secure Bayer’s position in the rapidly consolidating agrochemicals market and deter outside forces from trying to split up the company, which sells everything from aspirin and cancer medicines to shoe inserts and soybean seeds.
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