Bayer faces pivotal test of $7.25 billion Roundup settlement in Missouri court

Bayer's Monsanto unit will seek Missouri state-court approval for a $7.25 billion settlement intended to resolve tens of thousands of U.S. lawsuits alleging that Roundup causes cancer. Approval could materially reduce Bayer's litigation overhang and improve visibility on future liabilities, although the large cash cost remains significant.