Bayer Reaches $80 Million PCB Contamination Settlement With Ohio

Bayer Reaches $80 Million PCB Contamination Settlement With Ohio
A bridge is decorated with the logo of a Bayer AG, a German pharmaceutical and chemical maker in Wuppertal, Germany, on Aug. 9, 2019. Wolfgang Rattay/Reuters
Reuters
Updated:

Bayer AG reached an $80 million settlement with Ohio to resolve environmental damage allegedly caused by polychlorinated biphenyls, or PCBs, made by the company’s Monsanto business, the state attorney general said on Thursday.

The funds from the German company, which did not admit liability, will be used for environmental cleanup, the attorney general said.