Posted June 21, 2019
Bayer acquired Monsanto, the maker of Roundup weedkiller, in a $63 billion deal last year, creating the world’s largest seed and agrochemical company. But the merger has left Bayer with a market valuation of $56 billion and a sustained public relations crisis. Bayer has been entangled in litigation over claims that Roundup causes cancer, even while the company has consistently defended the safety of glyphosate and Roundup. Just last month, Bayer said that “glyphosate-based products can be used safely and that glyphosate is not carcinogenic.” Read more.