European private investment major EQT is restarting the sale of its mainland China contact lens business Ginko International, targeting a valuation of at least $1bn, according to a report by Reuters citing unnamed people familiar with the matter.
The Swedish private equity firm previously agreed to sell the asset to Advent International, but the transaction collapsed for undisclosed reasons, with Advent paying a break fee, the sources said. At the time, reports suggested the deal would have valu...
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