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Law firm Weitz & Luxenberg says has reached Glyphosate settlement with Bayer

Published 06/24/2020, 12:35 PM
Updated 06/24/2020, 12:40 PM
© Reuters. FILE PHOTO: Logo of Bayer AG at a plant of the German pharmaceutical and chemical maker in Wuppertal

FRANKFURT (Reuters) - Weitz & Luxenberg said on Wednesday it and other law firms reached a settlement with Bayer (OTC:BAYRY) on behalf of almost one hundred thousand Americans who had been diagnosed with cancer after exposure to Monsanto (NYSE:MON)'s Roundup weedkiller.

The German drugs and pesticides group is keen to draw a line under the legal dispute over Roundup and other glyphosate-based weedkillers, which it inherited via its $63 billion takeover of Monsanto in 2018.

Bayer was not immediately available for comment.

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