Bayer has lost the third US-process to glyphosate. The company's subsidiary, Monsanto is increasingly at risk, also for the Image. Has taken over Bayer?collapse
In just three of 13,400 lawsuits against Bayer is so far spoken of a judgment, but even now, enormous costs for the chemical and pharmaceutical group. In the recent case of Bayer by a U.S. Jury, was sentenced to a compensation of more than two billion dollars. Background of the weed killer glyphosate, the subsidiary of Monsanto, the jury made for the cancer, the plaintiff is responsible. In addition to the financial risks, Bayer has also still struggling with other Concerns.How to Bayer for billions of payments are prepared?
Bayer has been formed so far, because of Monsanto around 660 million euros in provisions. However, these are intended only for the possible costs of litigation. For any payment, the group has placed not, as yet, no money at all set aside. Bayer seems to be sure to get in appeal in the end.