Top Glove acquires surgical glove producer Aspion for $434 mil

SINGAPORE (Jan 12): Top Glove Corporation is acquiring one of the largest surgical glove producers globally, Aspion, for RM1.37 billion ($434 million) from Adventa Capital.

On Nov 24, the group entered into a term sheet to negotiate the definitive agreements for the acquisition.

Following the completion of the acquisition, Top Glove will emerge as the global leader in surgical glove manufacturing.

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