Bayer AG and SC Johnson signed a letter of intent last month regarding the sale of Bayer AG’s household insecticides business to SC Johnson. The sale should be completed by the end of this year, Bayer executives said in a statment. The sale primarily comprises the Baygon insecticide and Autan repellent brands. The two brands hold leading positions in their market segments, company executives said. Plans for the intended sale were originally announced in March. Bayer representatives comm...