You are here

Chinese group buys world's No 2 condom maker

BT_20170526_ANSELL_2904492.jpg
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...

sentifi.com

Market voices on: