Stock is rising: between success in the glyphosate-process Bayer investor hope

The decision of an American judge with a view to the upcoming glyphosate-the procedure was alleviated on Friday when the shareholders of Bayer, the fear of billions of risks due to lawsuits because of the Weed killer. The papers of the agricultural chemical and pharmaceutical group rose in the morning as a favorite in the Dax is up 4.4 percent on 63,45 EUR.

the judge has granted a request by Bayer, in February of the upcoming process, as well as the process of two other lawsuits in two phases split. So accusations of Manipulation of public opinion against Bayer, a subsidiary of Monsanto, would not be led to the start of the process, said Analyst Michael Leuchten from UBS. Because in the first Phase, the plaintiff would have to show lawyers that glyphosate had actually caused the cancer to your clients. This is the only alleged evidence for the alleged interference of the regulatory authorities.

Bayer welcomes the decision of the judge, according to a spokesman. The step is expected to contribute to the objectification of the discussion, he said. As a result of the decision will be created for the affected, ground-breaking processes, a different Standard than previously, announced UBS expert with lights. So would now be the question to the jury approached if all other possible causes of the leukaemias, the plaintiff could be excluded as reason for the disease really.

Bayer denies allegations

in Principle, the expert holds an agreement of Bayer glyphosate-plaintiffs for the most likely scenario. Finally, it was with a view to pharmaceutical companies a well-established procedure. Lights on sets in the negative scenario for the stock an amount in the mid single-digit billion-Euro range. That would be around 5 euros per share. So many complaints of about 9300 plaintiffs for allegedly disguised the cancer risks of the Weed available in the United States shredder glyphosate.

Bayer denies the allegations, and also against a judgment from the year 2018, where a plaintiff with high damages awarded. The Bayer price had plummeted since the ruling in August by more than 37 percent up on 58,34 EUR by the end of 2018, as investors fear that are difficult to calculate risks running into the Billions. Given the current rate of recovery, a continuation of the ground was in order.

John Torrendo

Recent Posts

Taxes: here is the (large) amount of the advance that the tax authorities will pay you on Monday January 15

The end-of-year holidays have just ended and it is nice to benefit from an influx…

1 month ago

Weather: what will the weather be like in February, March and April?

At the start of 2024, the temperatures on the thermometer are enough to make us…

1 month ago

Rain spell next week: here are the regions affected

France is coming out of a week of extreme cold, with temperatures which, locally, reached…

1 month ago

Home help in 2024: some elderly people will pay more than expected

When loss of autonomy comes knocking at the door of elderly people, staying at home…

1 month ago

Portugal: a tax haven for individuals and retirees

More and more individuals, but also retirees, are choosing to go into exile in Portugal…

1 month ago

CSG: how much will you pay in 2024?

CSG, CRDS, Casa… Social security contributions are numerous and can sometimes significantly impact the amount…

1 month ago