PZ Cussons to bid for Sara Lee: report
Britain's PZ Cussons
has made it onto the shortlist of bidders for the European household and personal care business of U.S. consumer goods group Sara Lee
The newspaper said PZ Cussons, the maker of Imperial Leather soaps, joins larger rivals Reckitt Benckiser
Sara Lee has put a price tag of between $3 billion and $3.5 billion on the business, which includes brands such as Kiwi shoe polish, Brylcream hair styling products and Sanex deodorant, the paper said.
Stockport-based PZ Cussons, was not immediately available for comment. A spokesman for Sara Lee in Europe said it was not company policy to comment on media speculation.
(Reporting by Victoria Bryan)
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