February 27, 2020 / 11:06 AM / a month ago

BRIEF-Bayer CFO Says Previously Eyed Share Buyback Programme Unlikely In Near Future

Feb 27 (Reuters) - Bayer AG:

* CFO SAYS WE HAVE PLENTY OF FLEXIBILITY TO FINANCE ANY GLYPHOSATE SETTLEMENT DUE TO FREE CASH FLOW, PROCEEDS FROM PAST DIVESTMENTS, SHORT-TERM BRIDGE LOANS IF NEEDED

* CFO SAYS PREVIOUSLY EYED SHARE BUYBACK PROGRAMME RATHER UNLIKELY IN NEAR FUTURE

* CFO SAYS NO GOODWILL IMPAIRMENT NEEDED ON MONSANTO ACQUISITION WHEN ASSUMING AVERAGE ANALYST ESTIMATE OF ABOUT $10 BILLION FOR A GLYPHOSATE SETTLEMENT Further company coverage: (Berlin Speed Desk)

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