Bayer, Oregon finalize $698 million PCB pollution settlement

has finalized a $698 million settlement with the U.S. state of Oregon to resolve claims that it polluted the environment with chemicals called polychlorinated biphenyls, or PCBs, the German pharmaceutical company and the state said Thursday.in August, follows similar agreements with five other states and the District of Columbia, and with a nationwide class of municipal entities. Bayer still faces several other state lawsuits over PCBs.

Oregon Attorney General Ellen Rosenblum called the settlement a "huge win" that would give the state resources to clean up PCBs.

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