Welcome Guest to Happi

Subscribe Free: Magazine | eNewsletter

current issue July 2015
 •  Procter & Gamble Ready To Name Lafley Replacement  •  Novel Surfactant By BASF, Solazyme  •  Digital Beauty Is Big Business  •  Bangstyle Adds Fromm to Brand List  •  Marc Rey Named President & CEO of Shiseido Americas
Print

Merck Mulls Sale Of Coppertone



Published April 29, 2014
Related Searches: companies business care Sun Care
Post a comment
The sun has set on Merck's sun care business—and its consumer healthcare business, too.


According to reports, Merck could agree a deal to sell its consumer healthcare operations this week for almost $14 billion, with Germany's Bayer and UK-based Reckitt Benckiser the leading companies interested in the unit. Other companies said to be in the running include, Procter & Gamble, Novartis and Sanofi.


Merck is looking to sell the operations as it only holds around 1% of the market.


A deal would be the latest in a wave of blockbuster transactions to have swept the healthcare sector recently, such as Pfizer's $100 billion-plus reported offer to acquire AstroZeneca, Valeant and Bill Ackman's $47 billion play for Allergan, Zimmer's agreement to purchase Biomet for $13.35 billion and a series of deals involving Novartis, GlaxoSmithKline and Eli Lilly.




blog comments powered by Disqus