AHP aims to sell agrochem

7 February 2000



AHP aims to sell agrochem

AMERICAN Home Products (AHP) is looking to sell its agricultural chemicals business, which is worth up to $1 billion.

The US pharmaceuticals giant is believed to be considering the move in the wake of its failure to merge with another US drugs group Warner-Lambert.

Warner-Lambert is set to merge with Pfizer.

Four companies are said to be interested in AHPs agrichemicals business – Dow Chemical, BASF, Bayer and DuPont.

• AHP shake-up and agrochem sale, FWi, 10 October, 1999
• AHP could spin off agrochem business, FWi, 14 October, 1998
  
• Financial Times 07/02/2000 page 1, page 22 (Lex)
  
• The Daily Telegraph 07/02/2000 page 25
  
• The Herald 07/02/2000 page 16