--A U.S. trial relating to Bayer AG's (BAYN.XE) Monsanto and its glyphosate-based herbicide Roundup has been postponed, German newspaper Handelsblatt reported Sunday, citing mediator Kenneth Feinberg who was assigned to the Roundup cases.

--The trial was originally set for Oct. 15 and has now been moved to early next year, Handelsblatt says.

--The rescheduling was a sign that the German pharmaceutical and chemical giant, who faces a total of 18,400 lawsuits in the U.S. as of July 11, aims to settle the cases outside of court soon, according to Handelsblatt.

--A spokesperson for Bayer declined to comment.

Full story(in German): https://bit.ly/2pRDkZt

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(END) Dow Jones Newswires

October 07, 2019 02:31 ET (06:31 GMT)

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