How Did Temasek Holdings Blow Money on Bayer AG?
Posted on 06/21/2022
Singapore’s Temasek Holdings believed in the Bayer AG story. In April 2018, Temasek subscribed to 31 million new shares of Bayer, corresponding to around 3.6% of the capital stock, for total gross proceeds of 3 billion euros. After that subscription, Temasek held approximately 4% of the issued capital stock of Bayer. This capital raise was…
