Aug 18 (Reuters) - Bayer said on Monday its
Monsanto unit reached agreements in principle with more than 200
plaintiffs to resolve the so-called Sky Valley Education Center
product liability cases related to the chemical PCB.
Bayer said in its statement that the terms of the agreements
over environmental pollution with PCB, short for polychlorinated
biphenyls, were confidential and subject to approval of final
settlement agreements by the parties.
The cost of the additional settlements was covered by the
PCB litigation provision taken in the second quarter, it added.
Previous adverse verdicts in the Sky Valley Education Center
litigation were not covered by the deal and remain on appeal,
Bayer added.