Bayer swings to USD11.3-billion net loss on litigation charges
06.08.2020
MOSCOW (MRC) -- Bayer swung to a second-quarter net loss of EUR9.55 billion (USD11.27 billion) from a net profit of EUR404 million in the year-earlier quarter on special charges of EUR12.51 billion comprising mainly provisions for agreements reached in legacy Monsanto litigation in the US related to glyphosate and dicamba herbicides, and polychlorinated biphenyls. Other special charges re