Bayer-Roundup $11 billion deal at risk of collapse, judge says: Bloomberg News

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Bayer (OTC:BAYRY) is battling a slew of lawsuits stemming from its $63 billion takeover of seed and chemical company Monsanto (NYSE:MON) in 2018.

U.S. District Judge Vince Chabbria threatened to lift a pause on the litigation and let it move forward, according to the report. ([https://bloom.bg/34EJ9Mj])

Chabbria forcefully criticized the company’s description of the settlement in June and said during a hearing on Thursday he’s inclined to make public several confidential letters from consumer lawyers complaining that Bayer’s Monsanto unit is reneging on the deal, Bloomberg News said.

Bayer did not immediately respond to a Reuters request for comment.