From Breakingviews - Bayer crop spinoff would be tricky but bountiful
said the company may spin off its troubled crop science division. For new boss Bill Anderson, the numbers certainly work. Bayer’s component parts, valued separately on peer multiples, would have a total equity value of 96 billion euros, Breakingviews calculated in February, or almost double the group’s current market capitalisation. Admittedly crop-science rival CortevaThere are a few challenges with a breakup.
The crop science division was born of Bayer’s disastrous takeover of Monsanto in 2018, and the German conglomerate is still grappling with lawsuits alleging that its weedkiller caused cancer. But there is a handy workaround. If it offloads the crop science division, Bayer could indemnify the new owners against the cost of future litigation up to a certain point.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Breakingviews - How to crack the climate free rider problemWhy are the world’s governments fiddling while the planet burns? Can’t the United States’ politicians smell the smoke from wildfires in Canada? Can’t Chinese leaders feel the scorching heat in Beijing? Don’t Europe’s prime ministers and presidents see that parts of the Rhine risk being unnavigable in the coming weeks as water levels fall perilously low?
Consulte Mais informação »
Breakingviews - China car price truce skids off road at first bendSo much for an end to big discounts on new vehicles in China. On Saturday the China Association of Auto Manufacturers (CAAM) reversed out of the pledge it had brokered just two days earlier with Tesla and 15 domestic carmakers to curb a debilitating price war in which some models were being sold for 20% or more below their sticker price. It leaves plenty of egg on a lot of faces.
Consulte Mais informação »
Breakingviews - Thames rescue looks far from watertightThames Water is stepping back from the brink, a little bit. The UK government has been considering options to place the indebted utility into administration, if it can’t raise funding. Shareholders, led by Canada’s Ontario Municipal Employees Retirement System, have now agreed to pony up 750 million pounds. They’ve also acknowledged even more will be allowed over the next regulatory review period between 2025 and 2030.
Consulte Mais informação »
Ex-Walmart CEO predicts when US will see high prices dropInflation has proved 'brutal' for American wallets with 'heartbreaking' economic outcomes, former Walmart U.S. President and CEO Bill Simon tells Fox News Digital.
Consulte Mais informação »
Former labelmates allegedly weigh in on FIFTY FIFTY's lawsuit against ATTRAKT CEO | allkpopFormer labelmates have allegedly weighed in on FIFTY FIFTY's lawsuit against ATTRAKT CEO Jeon Hong Jun.On July 8, singer G…
Consulte Mais informação »
Kars4Kids CEO suing over gun law that targets Jewish NYers ‘where children are’Eliyohu Mintz, whose Jewish charity runs a summer camp upstate, claims the 2022 concealed carry law leaves Jews vulnerable to antisemitic attacks.
Consulte Mais informação »