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