Bayer Chief Executive Werner Baumann said on Monday he has not had any contact with Elliott Management, following a Reuters report which said the U.S.-based activist investor had taken a position in the German pharmaceuticals giant.
“Nobody has called me,” Baumann said in response to a question about contact with activists at an event in Duesseldorf.
Reuters reported on Friday that Elliott has invested in Bayer, citing three people familiar with the matter.
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