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Activist investor Elliott’s latest target? A 2-way split at struggling Bayer: report
December 11, 2018
Think shaving off animal health and a few consumer brands would satisfy Bayer’s investors? Think again. Armed with a stake in the German conglomerate, activist investor Elliott Management is reportedly pushing for a two-way split. The high-powered firm, helmed by billionaire Paul Singer, has held..
The mantle of leadership isn’t held only by one pay grade
December 10, 2018
The image of a leader as a hero rallying the troops on to victory is engrained in business. But a new concept of leader as host instead of hero is replacing that old idea and causing corporations in many fields to re-evaluate what it takes..
With pricing outcry raging, U.S. drug spending grew less than 1% last year: CMS
December 10, 2018
Congress and the Trump administration are riled up about pharma prices and promising to drive them down, but a new U.S. government report shows growth in retail drug spending screeched to a halt in 2017. The data, released by the Centers for Medicare & Medicaid..
Linde AG reorganises executive board
December 10, 2018
The Supervisory Board of Linde AG has appointed Dr Sven Schneider spokesman of the company’s Executive Board. Sven Schneider, previously CFO of Linde AG, will take up his new position on the date on which Linde AG’s obligations under the Hold Separate Order of the..