Oct 10 (Reuters) - Private equity firm Clayton Dubilier
& Rice (CD&R) is nearing a deal to acquire Sanofi's
consumer health unit for about 15 billion euros ($16.4 billion),
Bloomberg News reported on Thursday.
Sanofi has been planning to spin off or sell its
consumer unit to shore up new drug development spending at its
core business.
The deal could be announced in the coming days, the report
said.
Sanofi and CD&R did not immediately respond to Reuters
requests for comment.
In September, Bloomberg reported that Sanofi had
received two separate bids from CD&R and rival PAI Partners for
the unit.
CD&R has kept away interest from rival PAI Partners for the
Opella unit, the Thursday report said, citing people familiar
with the matter.
French pharmaceutical company Sanofi announced in October
2023 that it was reviewing potential separation scenarios for
its consumer healthcare business, with a transaction in the
fourth quarter at the earliest.
($1 = 0.9145 euros)
(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by
Devika Syamnath)