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Bayer Swings to Net Loss on Roundup Settlement Deal

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Bayer Swings to Net Loss on Roundup Settlement Deal

Postby smix » Tue Aug 04, 2020 5:03 pm

Bayer Swings to Net Loss on Roundup Settlement Deal
Wall Street Journal

URL: https://www.wsj.com/articles/bayer-swin ... 1596526076
Category: businessNews
Published: Tue, 04 Aug 2020 03:27:00 -0400

Description: Bayer said it swung to a net loss of $11.23 billion in the second quarter on provisions for its multibillion-dollar settlement with plaintiffs alleging the company’s Roundup herbicides cause cancer, as the German firm slightly lowered its outlook due to the coronavirus pandemic.
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