1401 GMT - Bayer's consumer-healthcare unit remains an attractive asset and its size and geographic footprint make it a good acquisition target should the German company decide to put it up for sale at some point, Barclays analysts say in a research note. The agricultural-and-pharmaceuticals group last month ruled out changes to its structure for now, but left the door open to consider its options in the future. Reckitt Benckiser, Procter & Gamble and Nestle seem to have the least overlap with Bayer's consumer-healthcare portfolio and would face less competition issues in a potential pursuit, Barclays says. Haleon and Kenvue's big overlaps with Bayer's consumer-healthcare sales would make them the most disadvantaged buyers from a regulatory perspective, Barclays says. Bayer shares fall 0.9%. (adria.calatayud@wsj.com)
(END) Dow Jones Newswires
April 15, 2024 10:01 ET (14:01 GMT)
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