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TCS' Repeatable Carve-Out Model helps Bayer Complete Multiple Divestitures On Time

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Capital Market
Tata Consultancy Services announced that it has built a repeatable operating model for Bayer, a leading life sciences company, which helped to successfully complete the IT system and operations carve-outs needed by Bayer to go through with the timebound divestiture of some of its crop science businesses.

Following its 2016 announcement to acquire Monsanto, Bayer had to divest certain crop science businesses in order to obtain regulatory approvals. Bayer partnered with TCS to create a scalable, repeatable carve-out solution spanning the complete stack of IT systems, infrastructure and operations, to execute the divestiture of multiple business entities within a very short timeline of eighteen months.

 

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First Published: Oct 29 2018 | 3:09 PM IST

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