LG Household & Healthcare considering bid for Elizabeth Arden

SEOUL Tue Apr 22, 2014 7:47pm EDT

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SEOUL (Reuters) - LG Household & Healthcare Ltd. (051900.KS) said on Wednesday it is considering a bid for U.S.-based cosmetics company Elizabeth Arden (RDEN.O) as the South Korean firm seeks to grow its overseas business.

A spokeswoman at LG Household said the company had not decided yet whether it would launch a formal bid to acquire Elizabeth Arden. She did not elaborate further.

(Reporting by Se Young Lee; Editing by Paul Tait)

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