China-based international cosmetics packaging player HCP Holdings has been bought out by US private equity fund TPG Capital -a move that is likely to fund its expansion into Europe.
The forthcoming sale of Sara Lee’s household and personal care business will be blocked to bids from two leading private equity firms, according to sources.
The UK's leading health and Beauty store, Alliance Boots, is due to
be sold into the private sector, following the backing of board
members of a £10.6bn take-over bid.