"The mediation is going slowly but steadily," Wirtschaftswoche on Wednesday quoted Feinberg as saying.

Bayer is trying to reach a settlement after earlier court rulings against it. The German drugs and pesticides maker, which acquired Roundup and other glyphosate-based weed killers as part of its $63 billion takeover of Monsanto last year, faces potentially heavy litigation costs as plaintiffs claim Roundup causes cancer, something Bayer disputes.

(Reporting by Riham Alkousaa; Editing by Michelle Martin)