: 3M’s stock falls toward 10-year low after Dutch minister holds company liable for PFAS damage

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Shares of 3M Co. took a dive Wednesday toward the lowest close in more than 10-years, after investors were reminded that concerns over potential liabilities related to “forever chemicals” remained.

The Dutch government said Tuesday that Mark Harbers, minister of infrastructure and water management, has officially held 3M liable for damage from perfluoroalkyl and polyfluoroalkyl substances (PFAS) by a factory in Western Scheldt. The government said the State Attorney sent a letter to notify 3M of the minister’s decision.