Big buyout firms interested in Bayer’s animal-health unit: Bloomberg

PE firms including KKR and CVC Capital are exploring making bids for Bayer AG’s animal-health business, Bloomberg reported. Advent International, Blackstone Group LP, EQT Partners and Permira as well as industry rivals, could also be interested, the story said. Bayer’s animal-health business could fetch as much as 8 billion euros ($9 billion), Bloomberg said.