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FT News Briefing

Is private equity actually worth it?

Mar 7, 2024
12:00
Snipd AI
Exploring private equity's value for Norway's sovereign wealth fund, challenges faced by Bayer's chief executive, concerns over Ghana's funding due to anti-LGBT law. Also, a political update on Nikki Haley, Donald Trump, and the upcoming US presidential elections.
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Podcast summary created with Snipd AI

Quick takeaways

  • Bayer CEO rejects capital increase amid investor dissatisfaction, focusing on stabilizing company amidst challenges.
  • Norway's sovereign wealth fund explores private equity for higher returns but faces concerns over fees and uncertain profitability.

Deep dives

Bayer's Refusal to Sell New Shares Amidst Corporate Challenges

Amidst struggling quarterly earnings and legal issues, Bayer's CEO rules out selling new shares, citing negative impact on existing investors. With a declining share value and expiring patents, Bayer faces challenges, including lawsuits linked to its weed killer, Roundup. The company's focus remains on stabilizing amidst these setbacks.

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