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Bayer To Split Off Consumer Or Crop Science, Or Both, Or Neither

 
• By Elizabeth Cairns

After a miserable third quarter the German group is cutting jobs and considering splitting up, but concrete decisions are thin on the ground.  

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Bayer AG has hemorrhaged both earnings and value this year, and management has decided that only extreme measures can save the group. It has ruled out a simultaneous three-way split, but might do a staggered one. Or it might just hive off its crop science division. Or its consumer health unit. Or it might stay as it is.

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