Roundup, dicamba, PCB settlements to cost Bayer up to €11bn

Bayer, famed as the inventor in 1899 of Aspirin, has opted to spend billions of euro on settlements and related costs, rather than risk damage from further litigation to do with Roundup and other products of Monsanto, which Bayer purchased for €55.7bn in 2018.

Bayer last week confirmed agreements to settle outstanding Roundup lawsuits in the US and to address future litigation, while denying any wrongdoing.