Bloomberg: Bayer Proposing $8 Billion Settlement in Glyphosate Claims

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.

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

Read the full story on Bloomberg.

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