Bayer Discusses Possible $10 Billion Roundup Claims Settlement -- Bloomberg
January 23 2020 - 4:24PM
Dow Jones News
--Bayer AG is discussing settling Roundup weedkiller claims for
about $10 billion, Bloomberg reports, citing people with direct
knowledge of the negotiations.
--In some discussions, Bayer's lawyers said the company could
set aside $8 billion to resolve the current cases and set aside $2
billion for potential future claims.
--Bayer acquired the weedkiller as part of its deal for U.S.
agriculture giant Monsanto Co.
Full story:
https://www.bloomberg.com/news/articles/2020-01-23/bayer-is-said-to-discuss-settling-roundup-claims-for-10-billion
(END) Dow Jones Newswires
January 23, 2020 17:09 ET (22:09 GMT)
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