Home Trading ETFsStock Market Bayer hires law firm to investigate Monsanto stakeholder file issue By Reuters

Bayer hires law firm to investigate Monsanto stakeholder file issue By Reuters

by Reuters
© Reuters. FILE PHOTO: German drug and crop chemical maker Bayer holds annual general meeting

FRANKFURT (Reuters) – Bayer (DE:) said on Sunday it was hiring an outside law firm to investigate French media complaints that Monsanto (NYSE:), the U.S. seed maker it took over last year, had compiled a file of influential personalities.

The German life sciences and pharmaceuticals group said that, following an internal review, it understood that this initiative had raised concerns and criticism.

“This is not the way Bayer seeks dialogue with society and stakeholders. We apologize for this behavior,” Bayer said in a statement. It added, however, that there was no indication that compiling the lists was illegal.

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