In a statement, Bayer says progress is being made on its legal dispute over the use of Roundup. When Bayer acquired Monsanto, it also took on the lawsuits the company faced regarding glyphosate and a possible link to cancer. Bayer said the $11 billion claims settlement will be finalized within a matter of weeks. In addition, Bayer CEO Werner Baumann was given an extension to his contract through 2024.
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