April 12 Chinese chemical products maker Shanghai Jahwa United Co is in advanced talks to buy Tommee Tippee, which manufactures baby products, for close to 300 million pounds ($428 million), Sky News reported on Tuesday.
The Chinese company is looking to strike a deal with private equity firm 3i Group, the owner of Mayborn Group which controls the Tommee Tippee brand, Sky News said, citing unnamed sources. (bit.ly/1SdGBJQ)
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