Bloomberg: Bayer Proposing $8 Billion Settlement in Glyphosate Claims

Paul Schrimpf Posted by Paul Schrimpf|August 9, 2019

A Bloomberg News story reported this morning that Bayer is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations.

An agreement would ease investor pressure over massive litigation exposure the German drug and chemical giant took on with its purchase of Monsanto.

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Read the full story on Bloomberg.

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Schrimpf is the Group Editor for the CropLife Media Group at Meister Media Worldwide, with full editorial responsibility for CropLife, CropLife IRON, Cotton Grower and PrecisionAg Special Reports. See all author stories here.

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