Name: Bayer takes $10 billion writedown, flags higher Roundup settlement bill
Uploaded: 2020-11-03T18:35:59.000Z
Duration: 1 min 5 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

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as the burden from its takeover of Monsanto Mounts Buyer has reported impairment charges of $10.8 billion the costs of being driven by weaker demand from farmers due to low bio fuel prices as well.

A settlement costs over claims it's roundup.

Weedkiller causes cancer, the German headquartered firm reported on Monday a loss before interest and tax of about $11 billion in the third quarter.

Buyer was caught up in litigation over round up based on the herbicide glyphosate as a result of its 2018 takeover off Monsanto.

The $63 billion deal made it the world's largest supplier of seeds and pesticides in June this year by a struck an outline agreement with US plaintiffs that was costed US $11 billion but a judge later took issue with a side arrangement on future cases that may still be lodged.

The company added that a massive depreciation of the Brazilian currency was weighing heavily on business, too.

 Brazil is the world's second largest agricultural market by A. 

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Bayer takes $10 billion writedown, flags higher Roundup settlement bill

massive

strike

demand

firm