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BREAKING NEWS

Bayer hires law firm to investigate Monsanto stakeholder file issue

Bayer hires law firm to investigate Monsanto stakeholder file issue
FILE PHOTO: Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019. REUTERS/Wolfgang Rattay/File Photo -
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Wolfgang Rattay(Reuters)
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FRANKFURT (Reuters) - Bayer said on Sunday it was hiring an outside law firm to investigate French media complaints that Monsanto, 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 apologise for this behaviour," Bayer said in a statement. It added, however, that there was no indication that compiling the lists was illegal.

(Reporting by Patricia Weiss and Ludwig Burger; Writing by Douglas Busvine; Editing by Keith Weir)

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