3i Group to sell Mayborn unit to Shanghai Jahwa for $197 mln

April 28, 2016 8:09 AM

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April 28 British private-equity firm 3i Group Plc said on Thursday it would sell its Mayborn Group unit to Chinese chemical products maker Shanghai Jahwa United Co .

3i said it would get proceeds of 135 million pounds ($197 million) from the sale of Mayborn Group, which controls baby products maker Tommee Tippee.

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