Sept 4 (Reuters) - Ansell Ltd (ANN)
- announces closing of sale of its sexual wellness business to humanwell healthcare (group) co., ltd. And citic capital china
- Reached agreement with Raymond Limited, its joint venture partner in J. K. Ansell Private Limited in india
- All pre-completion conditions and regulatory approvals have been satisfied globally and sale proceeds
- Agreement to restructure Indian JV such that Raymond will take full ownership of J. K. Condom business
- Also expects to realise a net profit after tax in order of us$365m subject to closing entries
- Sale under jv will result in a net payment to ansell of about us$1 million
News: ANN Ansell announces closing of sale of its sexual wellness business
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