From Yahoo Finance: 2025-05-15 19:05:00

Bayer is working on a plan to settle mass lawsuits over Roundup weedkiller in Missouri, considering bankruptcy for Monsanto if unsuccessful. The company has paid $10 billion to settle claims linking Roundup to cancer, with 67,000 cases pending and $5.9 billion set aside for legal provisions.

Advisers from Latham & Watkins and AlixPartners are examining options for Bayer, including a possible Chapter 11 filing for Monsanto. Reuters could not confirm the report, and Bayer, Latham & Watkins, and AlixPartners did not comment immediately.

Bayer recently petitioned the U.S. Supreme Court to limit claims connecting Roundup to cancer to avoid extensive damages. A decision could come next month. The company acquired Roundup through the purchase of Monsanto in 2018, facing glyphosate litigations and other challenges since.

Struggling with glyphosate lawsuits, experimental medicine setbacks, weak agriculture markets, and investor pressure, Bayer faces difficulties following the Monsanto acquisition. The company is exploring options to address its challenges and potential liabilities in the future.

Read more: Bayer seeks Roundup settlement, explores Monsanto bankruptcy, WSJ reports