Monsanto weedkiller case: Bayer shares tumble after payout

Monsanto weedkiller case: Bayer shares tumble after payout

By mid-morning on Monday, Bayer’s shares had lost 10.4% of their value.

Bayer owns agriculture giant Monsanto – which was ordered by a California judge on Friday to pay $289m (£226m) damages to a man who said ingredients used in a weedkiller had caused his cancer.

Bayer says the product – glyphosate – is safe. It completed its $66bn takeover of Monsanto in June.

BBC News

https://www.bbc.com/news/world-europe-45167906

Bayer shares plunge over weedkiller trial | Euronews

http://www.euronews.com/amp/2018/08/13/bayer-shares-plunge-over-weedkiller-trial

Bayer Plunges as Monsanto Fined $289M in Roundup Lawsuit – August 14, 2018 – Zacks.com

https://www.zacks.com/stock/news/317906/bayer-plunges-as-monsanto-fined-289m-in-roundup-lawsuit?cid=CS-ZC-FT-317906