Items Tagged with 'Bayer AG'

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Bayer Announces Agreements to Resolve Legacy Monsanto Litigation

Bayer announced a series of agreements that will substantially resolve major outstanding Monsanto litigation, including cases involving U.S. Roundup product liability, dicamba drift and PCB water issues, bringing closure to approximately 75% of the current Roundup litigation involving approximately 125,000 filed and unfiled claims.
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Monsanto Views Bayer’s Current Proposal as Incomplete, Financially Inadequate

Company open to discussing potential path forward that would create appropriate value for Monsanto shareowners.
Monsanto Co. today announced that its Board of Directors unanimously views the Bayer AG proposal as incomplete and financially inadequate, but is open to continued and constructive conversations to assess whether a transaction in the best interest of Monsanto shareowners can be achieved.
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