Monsanto News

Bayer’s Roundup Woes May Force It to Sell Assets or Borrow

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 …

Bayer’s Chairman to Leave as Company Fights Roundup Suits

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 …

U.S. Peach Grower Awarded $265 M From Bayer, BASF in Weedkiller Lawsuit

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 …

Bayer Asks California Court to Reverse $86M Roundup Cancer Verdict

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 …

Roundup Plaintiffs, Bayer in Talks to Settle Claims For $10 Billion

In an effort to settle tens of thousands of claims that Bayer AG’s Roundup weedkiller causes cancer, lawyers for some plaintiffs are discussing with the company deals that could lead to a total payout of about $10 billion, according to …

Bayer Roundup Deal Is Close as Claims Surge, Mediator Says

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 …

Bayer Roundup Mediator Is ‘Optimistic’ With Talks Heating Up

Bayer AG’s settlement talks over tens of thousands of lawsuits alleging its Roundup herbicide causes cancer are heating up as the company’s lawyers meet with individual attorneys representing consumers across the U.S., according to people familiar with the negotiations. The …

Two Bayer Roundup Trials Postponed to Give Time for Talks

Bayer AG agreed to postpone two upcoming U.S. trials involving its Roundup weedkiller to allow time for mediation talks on a possible settlement with plaintiffs. The German agriculture giant agreed to delay two trials that were set to begin in …

Bayer Expects Significant Surge In Number of U.S. Glyphosate Cases

FRANKFURT, Germany — Bayer expects the number of claims in the United States related to Roundup herbicide to have surged in the third quarter, as the German drugs and pesticides maker tries to reach a settlement after earlier court rulings …

Bayer Mediator Dismisses Report of $8 Billion Roundup Settlement

NEW YORK/FRANKFURT — Bayer AG has not offered to pay billions of dollars to settle claims in the United States related to the Roundup herbicide, mediator Ken Feinberg said, dismissing a report to that effect which drove its shares as …