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Bayer Proposes Paying $8 Billion to Settle Roundup Cancer Claims

  • Negotiations over future claims could take months, people say
  • Lawyers huddling in New York as next two cases are delayed
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Baader Helvea analyst Markus Mayer discusses the impact of Bayer settling lawsuits concerning Roundup.Daybreak: Americas." (Source: Bloomberg)
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Bayer AG is proposing to pay as much as $8 billion to settle more than 18,000 U.S. lawsuits alleging its Roundup herbicide causes cancer, according to people familiar with the negotiations.