Radical Transformation at Bayer Dynamic Shared Ownership Boris Groysberg Gamze Yucaoglu
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I’m writing to you about the most radical transformation at Bayer Dynamic Shared Ownership that’s currently taking place in Bulgaria: The transformation, which will change our model for housing and land ownership, is an example of the power of collective decision-making, that’s always been important for me. We are a social cooperative that’s building a community of shared homes, where homeowners have a say in how their homes are managed, and where renters have a say in how their land is used. We are taking our idea of
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Bayer has been transforming itself in an impressive process of radical transformation since 2017. The current CEO, Dr. Paul Eckert, came in 2017, and since 2018, he has been the chief strategy and operating officer and the chief technology officer of the corporation. The corporation is headquartered in Munich, but many of its assets and manufacturing facilities are in the US, Germany, and Asia. The company’s shares are traded on the NYSE, as well as on Eurone
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16 October 2019 In October 2019, Bayer Dynamic entered into an agreement to acquire UK-based shared ownership company, LT Property Group Limited. Under the terms of the agreement, Bayer has acquired 100% shareholding in the firm from LT Property Group, and will have a total holding of 25% in the resulting entity. As part of the transaction, LT Property Group has been delisted from the AIM market of the London Stock Exchange, and its shares have been removed from
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– I was there on May 29th, 2018 when Bayer’s Board of Management decided to move away from conventional management and adopt a new business model in which its shares will be issued to the general public through an Initial Public Offering (IPO) in two tranches – the first in 2018 and the second in 2019. In the middle of these two IPOs, Bayer shares could begin trading on German Stock Exchange, where it had been trading exclusively for years. – At the same time, Bayer