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Bayer's Werner Wenning has yet to find a partner for the company's ailing drug division.
FORBES: Bayer Faces Reality
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Word in the market is that Wenning would still like to keep a meaningful stake in any partnership.
FORBES: Bayer backs down
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"Wenning seems ready to sell the pharmaceutical business to the highest bidder, but any deal would still have to pass the supervisory board, " says Shrager.
FORBES: Bayer backs down