Telecomunicaciones y tecnología

Bayer weighing options for consumer house and garden products



    By Arno Schuetze and Ludwig Burger

    FRANKFURT (Reuters) - Germany's largest drugmaker BAYER (BAY.MC)(BAYN.XE)said it was considering strategic options for the consumer products part of its Environmental Science business, which makes about 220 million euros ($236 million) in sales from pesticides, pest control products and fertilisers.

    "A number of strategic alternatives are under consideration," a company spokesman said on Friday.

    People familiar with the matter told Reuters that Bayer was preparing to sell the business and was gauging the interest of prospective buyers, which could be private-equity or industry players.

    (Reporting by Ludwig Burger; Editing by Kirsti Knolle)