"Bayer close to glyphosate settlement worth $8-10 billion: Handelsblatt"

From Reuters:

Bayer AG is close to agreeing a settlement worth $8-10 billion over claims its glyphosate-based Roundup weedkiller causes cancer, German business daily Handelsblatt reported on Tuesday.

The company’s supervisory board was due to discuss and vote on the settlement, which includes a $2 billion buffer for future claims, in the coming days, paper cited company and negotiating partner sources as saying....MORE

The stock is up 6%.