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Like GlaxoSmithKline (GSK), Sanofi (France) (SAN.PA) Eyes More Acquisitions, Sees Growth In Africa


4/3/2014 6:00:35 AM

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PARIS (Reuters) - Sanofi is on the lookout for acquisitions to boost key business units, such as consumer and animal health products, and expects strong growth in the "strategic continent" of Africa, its chief executive told Reuters on Wednesday.

Chris Viehbacher declined to say whether the group would be interested in Merck & Co's non-prescription consumer business or Novartis's animal health operations. "We can never comment on targets. Clearly, we have growth platforms such as animal health and consumer health care - if we can strengthen those while creating value for our shareholders we will do that," he said.

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