Consumer products company Kao Corp. (KCRPY) is eyeing Clorox Co. (CLX) but hasn't submitted a bid, the New York Post reported late Thursday on its website, citing an unnamed source familiar with the situation.

"They are concerned about not having scale in the U.S.," the source was quoted as saying.

Kao couldn't be reached for comment, the report said.

Full Story: http://www.nypost.com/p/news/business/clorox_japan_scenario_l1qnqRmHSqFnhv8iykJTgP#ixzz1U9HbnyHw

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