Carol Zhong Journalist Profile

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Vinda chairman in talks for USD 1.5bn loan to back possible MBO; PE circling

May 18, 2023 | community.ionanalytics.com | Wong Ka-Chun |Eva Ng |Carol Zhong

Vinda International [HKG:3331] founder and Chairman Li Chao-wang is in talks with banks for a roughly USD 1.5bn loan to fund a possible management buyout (MBO) of Essity’s [STO:ESSITY-A] majority stake in the Hong Kong-listed tissue-and-diaper maker,said four sources familiar with the matter.

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