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Bayer shares fall nearly 6% on court order to pay $2.25 billion in damages

Shares in Bayer dropped as much as 5.7% on Monday after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller. A jury in a Philadelphia court on Friday ordered Bayer to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to the Roundup weedkiller, based on the chemical glyphosate. Shortly after the 0800 GMT open, Bayer shares fell 5.7% to their lowest in about eight weeks, before trimming the losses to last trade down 4.6%. ....

United States , Ludwig Burger , Markus Manns , Bill Anderson , Werner Baumann , Patricia Weiss , Emelia Sithole Matarise , Us Supreme Court , Union Investment , Rachel More , Roundup Weedkiller , Bill Anderson , Us Supreme Court ,

Bayer shares fall nearly 6% on court order to pay $2.25 bln in damages

By Ludwig Burger and Patricia Weiss FRANKFURT, Jan 29 (Reuters) - Shares in Bayer dropped as much as 5.7% on Monday after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller. A jury in… ....

United States , Markus Manns , Patricia Weiss , Werner Baumann , Bill Anderson , Ludwig Burger , Us Supreme Court , Union Investment , Reading Time ,

Bayer shares down by nearly 6% as it faces $2.25B damages payout

Shares in Bayer plunged as much as 5.7% on Monday after embattled German chemicals and pharmaceuticals maker was ordered to pay some $2.25 billion in. ....

United States , Markus Manns , Bill Anderson , Werner Baumann , Us Supreme Court , Union Investment , Chemical Production , Pharmaceutical Industry ,

Bayer shares fall nearly 6% on court order to pay $2.25 bln in damages

Bayer shares fall nearly 6% on court order to pay $2.25 bln in damages
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United States , Bill Anderson , Werner Baumann , Emelia Sithole Matarise , Markus Manns , Bayer Cross , Us Supreme Court , Bayer Ag , Union Investment , File Photo , Rachel More ,

Bayer shares fall nearly 6% on court order to pay $2.25 billion in damages

Shares in Bayer dropped as much as 5.7% on Monday after the embattled German company was ordered to pay $2.25 billion in damages, the highest amount yet in its ongoing litigation linked to an alleged carcinogenic effect of its Roundup weedkiller. A jury in a Philadelphia court on Friday ordered Bayer to pay $2.25 billion to a Pennsylvania man who said he developed cancer from exposure to the Roundup weedkiller, based on the chemical glyphosate. Shortly after the 0800 GMT open, Bayer shares fell 5.7% to their lowest in about eight weeks, before trimming the losses to last trade down 4.6%. ....

United States , Werner Baumann , Bill Anderson , Emelia Sithole Matarise , Ludwig Burger , Patricia Weiss , Markus Manns , Union Investment , Us Supreme Court , Rachel More ,