Bayer close to glyphosate settlement: sources
) is set to reach a settlement this week with U.S. plaintiffs that claim its glyphosate-based weedkillers cause cancer, two people familiar with the matter told Reuters.
German business daily Handelsblatt earlier on Tuesday reported a deal was imminent, with Bayer pledging $8-$10 billion to settle the claims, including a $2 billion buffer for future cases. Bayer, which has repeatedly said the product is safe to use and has approval from market regulators, is appealing all three jury verdicts.
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