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November 11, 2002
By: TOM BRANNA
Editor
Drug company Bayer AG, Leverkusen, Germany, agreed to sell its household insecticides and air freshener business to S.C. Johnson & Son Inc. for approximately $734.4 million. The agreement comes less than a month after Bayer signed a letter of intent to sell the household insecticides business to S.C. Johnson, whose brands include insect repellent OFF!, Raid bug spray and Ziploc plastic bags.The deal will give S.C. Johnson, based in Racine, WI, worldwide rights to such brands as Baygon, Auta...
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