April 27, 2020
FRANKFURT — Bayer said the economic downturn and the need to preserve cash means it is taking a tougher stance in talks to settle claims over accusations that its glyphosate-based weedkillers cause cancer, even as its earnings rose. The pandemic …
March 31, 2020
Bayer AG agreed to pay $39.5 million to settle allegations that its Monsanto unit ran misleading ads about the controversial Roundup weedkiller and its potential health risks to humans and animals. As part of the deal, language will be removed …
March 9, 2020
A Bayer AG investor sued the board and other top company officials, claiming the “disastrous” 2018 acquisition of Monsanto Co. eroded the company’s share value by saddling it with potentially billions of dollars in liability from Roundup lawsuits. Bayer AG’s …
February 28, 2020
German drugs and pesticides company Bayer was at pains on Thursday to quell expectations it was nearing an out-of-court settlement laying to rest claims its glyphosate-based cause cancer. Bayer said after publishing its earnings outlook for 2020 it was in …
February 27, 2020
Bayer AG acknowledged for the first time that lawsuits related to the controversial weed killer Roundup could force it to sell assets, issue new equity or borrow money at unfavorable terms. In its annual report published Thursday, Bayer said that …
February 26, 2020
Bayer AG Chairman Werner Wenning will step down as the German drug and chemicals company wrestles with the growing fallout from U.S. lawsuits over its Roundup weedkiller. Wenning will be succeeded in April by Norbert Winkeljohann, 62, who has served …
February 19, 2020
A Missouri jury’s $265 million award to peach grower Bill Bader in his lawsuit against herbicide providers Bayer and BASF has raised the stakes for the two companies as at least 140 similar cases head to U.S. courts later this …
February 10, 2020
Bayer AG has asked a California appeals court to overturn an $86 million verdict that found it was responsible for a couple’s cancer caused by its glyphosate-based weed killer Roundup. In a Friday night filing with the California First District …
January 17, 2020
Bayer AG may be only weeks away from settling more than 75,000 cancer claims over its Roundup weed-killer, after a surge in claims to almost double the number disclosed by the company in September, according to the court-appointed mediator in …
January 17, 2020
Bayer AG’s settlement of cancer lawsuits over its Roundup weed-killer may be only weeks away and is likely to cover more than 75,000 claims, almost double the number disclosed by the company in September, according to the court-appointed mediator in …