Suitors Eye Merck & Co. Consumer Products -- Report
April 27 2014 - 8:35PM
Dow Jones News
Bayer (BAYRY, BAYN.XE) of Germany, Reckitt Benckiser (RBGLY,
RB.LN) of the U.K., Novartis (NVS, NOVN.VX) of Switzerland and
Procter & Gamble (PG) of the U.S. have their eye on some
over-the-counter consumer products of U.S. pharmaceuticals giant
Merck & Co. (MRK), German daily Die Welt reported on its
website Monday, citing unnamed business sources.
Bayer and Reckitt Benckiser each have made bids of around $14
billion, the newspaper said. The products included Dr. Scholl's
foot care and Coppertone sun protection products, the newspaper
said.
Newspaper website: www.welt.de
Write to Dennis Baker at dennis.baker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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