Roundup weed killer, which is the subject of thousands of lawsuits in the U.S., is pictured on sale in Los Angeles on Sept. 1, 2019.
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Bayer is setting aside as much $10.9 billion to settle current and future lawsuits over the allegedly carcinogenic effects of Roundup, the weed killer it inherited from Monsanto. As Deutsche Bank analysts wrote in a Thursday note, the class agreement “provides a reasonable degree of finality to the litigation issue.”