Posted inAustraliaChinaOceania

Ansell sells condom division to Chinese consortium for US$600 million

Rubber products maker Ansell said on Thursday it would sell its condom business to a Chinese consortium for US$600 million, leading the Australian company to launch a US$265 million on-market share buyback. China’s Humanwell Healthcare Group Co Ltd and Citic Capital China Partners had bought the division, which also includes a lubricant and devices business, […]