Bayer proposes $7.25B plan to settle Roundup cancer lawsuits

Bayer is proposing a $7.25 billion plan to settle thousands of lawsuits claiming its Roundup weedkiller caused cancer — a high-stakes effort to cap years of mounting legal exposure that will pressure the company’s finances in the near term.

"This is a choice for speed and containment over a protracted legal battle," CEO Bill Anderson said Tuesday, describing the agreement as a pivotal step toward limiting long-running litigation tied to the herbicide.

Bayer said it is increasing its...