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EQT revives sale of contact lens maker Ginko at $1bn-plus valuation
Summary by Private Equity Wire
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EQT revives sale of contact lens maker Ginko at $1bn-plus valuation
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 t…
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