Deal snapshot: Platinum Equity to Acquire Majority Stake in Lingerie and Swimwear Firm Hop Lun.

MANews-(C)2009-2022

US-based private equity firm Platinum Equity has signed a definitive agreement to acquire a controlling stake in Hong Kong-based fashion lingerie and swimwear company Hop Lun from company founder Erik Ryd, the firm said.

Financial terms were not disclosed. Founded by Ryd in 1992 and headquartered in Hong Kong, Hop Lun is...

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