(Bloomberg) — Bayer AG agreed to spend billions to settle thousands of U.S. lawsuits, taking its biggest step so far in resolving headaches the German chemical giant inherited with its 2018 acquisition of Monsanto Co.Agreements were reached on about 95,000 claims filed over Roundup, part of a Bayer plan to spend as much as $10.9 billion to settle all litigation linked to the popular herbicide, the Leverkusen-based company said Wednesday. The company also said it will pay as much as $820 million to settle toxic chemical pollution claims and a $400 million payment for those affected by its dicamba herbicide.Taken …read more
Source:: Yahoo Finance
