CBC-led consortium buys 47% stake in S Korean botox maker Hugel for $1.5b

CBC-led consortium buys 47% stake in S Korean botox maker Hugel for $1.5b

Photo: Sam Moqadam / Unsplash

A consortium led by healthcare-dedicated investment firm CBC Group agreed to acquire a 47% stake in South Korea’s top botox maker Hugel Inc from Bain Capital for 1.7 trillion won ($1.5 billion), GS Holdings and Hugel said on Wednesday.

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