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The German maker of pharmaceuticals and agricultural supplies said Rodrigo Santos, the Crop Science division’s chief operating officer, would take over from Condon on Jan. 1.
Bayer also reported that third-quarter earnings before interest, tax, depreciation and amortisation (EBITDA) before special items rose 16.4% to 2.09 billion euros ($2.41 billion), up from 1.8 billion a year earlier and surpassing an average analyst forecast of 1.94 billion.
