BAYRY Bayer Aktiengesellschaft (PK)

--Several private-equity firms are considering launching bids for Bayer's animal-health business, which analysts estimate could be valued at around EUR8 billion, the FT reports, citing sources.

--BC Partners is looking to team up with a rival or a large pension fund or sovereign-wealth fund on a joint bid, while CVC Partners has hired advisers to look into an offer, the FT says.

--Advent International, Cinven and Permira are also interested in the unit and several U.S. buyout groups are also likely to bid, according to the FT.

Full story: https://on.ft.com/2WkLGZ1

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(END) Dow Jones Newswires

June 03, 2019 05:28 ET (09:28 GMT)

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