Bayer Shares Plunge USD 12.5 Billion as Monsanto Takeover Turns Sour

Bayer AG, the German multinational pharmaceutical and life sciences company, is in panic after a huge share sell off on Monday morning, following the decision from a landmark legal case in San Francisco, which judged that the glyphosate-based weedkiller Roundup causes cancer. $ 12.5 Billion (12%) was wiped off Bayer’s share price in Monday trading … Continue reading Bayer Shares Plunge USD 12.5 Billion as Monsanto Takeover Turns Sour