(Shanghai) - A Chinese group is buying the condom brand named after fictional British spy James Bond. Ansell Ltd., the Australian maker of gloves and surgical masks, said last Thursday it's selling its condom and lubricants business for $600 million to Humanwell Healthcare Group Co. and CITIC Capital China Partners III LP. China's condom market is set to almost triple to $5 billion by 2024 from 2015, according to a report.
Posted 5/30/17