EM Retail Continues To Attract US PE

Yet another deal is in the works which will serve to underline CFW's view that EM retail sectors will continue to attract private equity interests. US private equity firm Bain Capital is said to be in talks to acquire a minority stake in Beijing Outsell Health Product Development, a Chinese tea producer. Bain is expected to pay up to US$50mn for a stake in the company, which sells the Benfit weight loss brand of tea in China.

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