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Bayer to Cut 12,000 Jobs, Exit Vet Unit Amid Drag From Suits

December 5th, 2018 | Leave a comment.

Bayer AG plans to cut 12,000 jobs and exit its animal health business in an effort to mollify Wall Street, which has punished the company over the tidal wave of lawsuits that came alongside the $63 billion takeover of Monsanto Co. Investors remain unconvinced. The shares slumped after the acquisition was announced and closed, and Bayer’s […]

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