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Chinese group buys world's No 2 condom maker

Friday, May 26, 2017 - 05:50

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Ansell's brands include Jissbon, the second-largest condom maker in China.

Sydney

A CHINESE consortium is buying Ansell Ltd's condom division, the world's No 2 condom maker, for US$600 million, betting on surging demand in China as sex becomes less of a taboo subject and more emphasis is placed on public health education.

The Australian firm, which put

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