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Tag: mutual-fund

  • Bayer shareholder warns against overpaying for Monsanto

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    Bayer shareholder Union Investment, a German mutual fund company, said it was bracing for Bayer paying more for Monsanto than what the German drugmaker is currently proposing, stretching the limits of what is acceptable. “The price that has now been disclosed is at the upper limit and it is just about economical,” Frankfurt-based portfolio manager…

  • Bayer shareholder warns against overpaying for Monsanto

    —

    by

    creative
    in

    Bayer shareholder Union Investment, a German mutual fund company, said it was bracing for Bayer paying more for Monsanto than what the German drugmaker is currently proposing, stretching the limits of what is acceptable. “The price that has now been disclosed is at the upper limit and it is just about economical,” Frankfurt-based portfolio manager…

  • Insurer AXA to sell 1.8 billion euros of tobacco assets

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    French insurer AXA plans to stop investing in the tobacco industry, citing the impact of smoking on public health, and said it plans to sell its 1.8 billion euros ($2.02 billion) of assets in the sector. AXA said it would divest its 200 million euros of equity holdings in tobacco companies immediately. It also plans…