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October 17, 2002
By: TOM BRANNA
Bayer AG and SC Johnson have signed a letter of intent in regard to the sale of Bayer AG’s household insecticides business. Executives said Bayer aims to complete the sale by the end of 2002. The $3.9 million business contains the leading Baygon insecticide and Autan repellent brands.In March of 2002, Bayer AG announced that the household insecticides business would be sold to enable its Consumer Care business group to concentrate on its business in non-prescription health care products.
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