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Tuesday, April 23, 2019

BlackRock won’t support Bayer’s management at AGM

BlackRock (BLK) won’t support Bayer’s (BAYRY) management at its annual general meeting on Friday in a key vote, Reuters’ Simon Jessop and Ludwig Burger report, citing two sources. BlackRock, whose latest filings show owns 7.2% of Bayer’s voting rights, plans to either abstain from or vote against ratifying the management board’s actions during the year under review, the sources say.

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