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Bayer Shares Jump On “Progress” In ‘Roundup’ Settlement Talks

25 May, 2020 by Tyler Durden Shares in Bayer AG surged on Monday morning following a report the German life science company reached a verbal agreement to resolve most of its lawsuits related to its glyphosate-based Roundup weedkiller, sources told Bloomberg. Bayer shares jumped 8.4% to EUR 62.50 on Bloomberg’s report of significant headway has been made in settling lawsuits. …