Sweden Living World Business Sports Entertain

Bayer Stock Drops 6.9 Percent Following US Court Ruling on Roundup

» Published: March 24 2025

Photo: Markus Schreiber/AP/TT

The stock price of the German chemical company Bayer fell 6.9 percent on Monday. This after a court in the USA decided that the company should pay $2.1 billion (equivalent to 21.2 billion kronor) in damages related to the herbicide Roundup.

Large numbers of plaintiffs in the USA have sued the company for compensation for Roundup containing glyphosate, which can cause health problems, including cancer. Bayer inherited the lawsuits when the company bought the American company Monsanto in 2016.

Now Bayer clarifies in a press release that the company believes, based on both research and legislation, to have strong arguments for appealing the verdict in the USA.

Bayer agreed to a settlement of nearly $10.9 billion with a number of plaintiffs in the USA in 2020. However, there were still several unresolved legal proceedings left.

Trending

Swedish Krona SEK Hits Strongest Level Against Euro and Dollar Since 2022

EU Backs Swedish Mining Projects to Boost Raw Material Supply

Raising Retirement Age Boosts Pensions for New Retirees in Sweden

Electricity Prices to Drop in Southern Sweden, Surge in the North

Tags

More news

Wall Street Shows Cautious Gains as Economic Concerns Loom

Finnair Cancels 70 Flights Due to Finnish Trade Union Action

US to Ease Sanctions on Russian Agricultural Exports

Vattenfall to Build Germany's Largest Offshore Wind Farm by 2028

US Consumer Confidence Hits 12-Year Low Over Inflation Concerns

Gunvor Restructures Leadership After Oil Trading Setbacks

German Economy Shows Signs of Recovery with Improved Business Sentiment

Meta Proposes Monthly Fee for Ad-Free Facebook and Instagram in Europe

Kent Concerts Boost Stockholm Hotel Bookings by 22 Percent

Swedish Producer Prices Dip Slightly in February

Major Banks Boost Stockholm Stock Exchange as European Markets Rise

Tesla's EU Sales Drop 49 Percent as Electric Car Market Grows

Swedish Trade Outlook Dims as Confidence Hits Record Lows

Asian Markets Diverge: Gains in Japan, Losses in China

Hyundai Commits 21 Billion to US Expansion with New Steel Plant

Wall Street Rallies as Hopes Rise for Softer Tariff Policies

FBI Probes Tesla Attacks in US as Domestic Terrorism

Trump's Tariffs Prompt Chevron to Exit Venezuela Operations

EU Trade Chief Heads to US for Crucial Talks on New Tariffs

Chinese BYD Surpasses Tesla in Annual Revenue with Record Sales

Tata Autocomp to Acquire Bankrupt IAC Group in Sweden

Princess Madeleine Ventures into Skincare with New Brand Minlen

Swedish Interest Rate Hike Odds Rise to 40 Percent, SEB Reports

Tesla Surges in Norway with Model Y Leading Car Sales

SAP Overtakes Novo Nordisk as Europe's Top Valued Company

Eurozone Gains Momentum as German Economy Shows Signs of Recovery

Stockholm Stock Exchange Ends Flat as Saab Leads Gains

Fortum Advances Nuclear Power Plans in Sweden and Finland

E-commerce in Sweden Sees 16 Percent Drop as Consumer Habits Shift

Rising Dairy Prices Boost Swedish Farmers' Profitability

Young Adults Find More Opportunities in Sweden's Housing Market

Asian Markets Open Lower as Tariff Concerns Weigh on Investors

Tourism to USA Declines as Travelers React to Trump's Policies

BYD Set to Break Records with Over $100 Billion Revenue in 2024

UK Government to Cut Expenses by 15 Percent Over Four Years

Car Exports to USA Surge Ahead of New Tariff Threats

Consumers Push Back as Food Costs Climb Despite Lower Spending

Sweden Sees 23 Percent Drop in Cash Machines Over Four Years

Swedes Struggle to Build Savings Buffers in Uncertain Economy

Police Call for Mandatory Reporting of Municipal Corruption in Sweden

Categories

Information

About Sweden Herald