Bayer pays $133 million for PCB cleanup in two US states

Bayer will pay 133 million dollars to Michigan and Rhode Island to settle PCB contamination claims. The funds will support environmental cleanup in both states.

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BAYER AG-REG will pay $133 million to settle claims from Michigan and Rhode Island regarding toxic chemical contamination. The deal follows settlements with a dozen U.S. states over legacy PCB pollution. This reduces legal uncertainty as Bayer manages liabilities from its $63 billion Monsanto acquisition.

Settlement Breakdown and Contingency Upside

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