FRANKFURT: One of Bayer's largest shareholders tore into the company's management on Wednesday for underestimating the legal risks of its takeover of Monsanto, setting the stage for a fiery annual general meeting after a 30 percent plunge in the shares.
With a holding of about 1 percent, Deka says it is Bayer's 10th-largest shareholder overall, and the second-largest German one after DWS. Bayer is appealing, or has vowed to appeal, the two jury verdicts, but more than 11,000 plaintiffs are seeking damages.
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