EQT, Affinity in Bidding War for Malaysia’s YTY Group

Private equity firms EQT and Affinity are in a bidding war for Malaysian synthetic rubber glove manufacturer YTY Group, Reuters reported. The deal for YTY Group could reach as high as $500 million, Reuters said.

(Reuters) – Private equity firms EQT and Affinity are involved in a bidding war for unlisted Malaysian synthetic rubber glove manufacturer YTY Group in a deal worth up to $500 million, sources with direct knowledge of the deal told Reuters on Thursday.

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