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Bayer's Monsanto unit urges Missouri judge to approve $7.25 billion Roundup settlement

Source: reuters.com

Legal & LitigationM&A & RestructuringCompany Fundamentals
Bayer's Monsanto unit urges Missouri judge to approve $7.25 billion Roundup settlement

Bayer's Monsanto unit asked a Missouri judge to approve a proposed $7.25 billion settlement covering lawsuits alleging its Roundup weedkiller causes cancer. Bayer said the settlement is the only viable path to resolve litigation that has burdened the German company for years, potentially reducing a major overhang but imposing a substantial financial cost.

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