Bain Sells South Korea’s Top Botox Maker for $1.5bn

Bain Sells South Korea’s Top Botox Maker for $1.5bn

Bain Capital has sold its controlling stake in South Korea’s leading Botox maker to a consortium of investors for $1.5bn as the Covid-19 pandemic fuels a surge in demand for cosmetic surgery in the country. Seoul-based Hugel, founded in 2001, is South Korea’s biggest...
Wanda’s mall unit boosts pre-IPO round to $6bn

Wanda’s mall unit boosts pre-IPO round to $6bn

PAG is close to investing about $2.8bn in a funding round for Dalian Wanda Group Co’s commercial property management unit, nearly doubling the original fundraising target. PAG’s commitment brings the total size of the fundraising in the unit, known as...