Lixil Said to Be in Talks to Buy Grohe for 3 Billion Euro

Lixil Corp., a Japanese toilet maker, is in advanced talks to buy German bathroom-fixtures company Grohe Group for more than 3 billion euros ($4 billion), according to people with knowledge of the matter.

The companies may announce an agreement as early as this week, said the people, asking not to be identified because the negotiations are private. Lixil is considering various options in relation to Grohe, while nothing has been decided, Miyuki Otomo, a Tokyo-based spokeswoman for Lixil, said by telephone.