Bayer considering stopping sales of glyphosate to private users: newspaper By Reuters

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Bayer considering stopping sales of glyphosate to private users: newspaper

Stock Markets Jan 30, 2020 12:58AM ET

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Bayer considering stopping sales of glyphosate to private users: newspaper

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BERLIN (Reuters) - Bayer (DE:BAYGN) is considering stopping sales of the weedkiller glyphosate to private users who apply it in their gardens, German newspaper Handelsblatt reported on Thursday, citing financial and corporate sources.

The business daily said the move was part of ongoing talks with tens of thousands of plaintiffs in the United States about an out-of-court settlement. The plaintiffs blame Bayer's glyphosate-based weedkillers for their cancer.

Bayer was not immediately available for comment.

Court-appointed mediator Ken Feinberg, who leads the settlement discussions, has put the number of Roundup cancer claimants at more than 75,000 while Bayer has said the claims it has been served with in court were below 50,000.

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Comments (1)

Jerry Gregor Jan 30, 2020 1:38AM ET

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Hopefully this company folds for continuing to producing a known carcinogen. Boycott their products.

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