By Liz White, ERJ staff
London-SSL International plc has finally sold its Regent medical glove and Hibi antiseptic business, for some Â£173 million. A management-buy-out team, funded through Apax Partners, will run the glove and infection control operation, which will be called Regent Medical.
The deal, which is expected to be finalised by 26 June, awaits approval by SSL shareholders, regulatory authorities in Malaysia and competition authorities in the US.
SSL, which is to focus in future on its consumer products-Durex condoms and the Scholl…