Affirma Capital seeks to sell stake in Jordan's Fine Hygienic Holding

Affirma Capital seeks to sell stake in Jordan's Fine Hygienic Holding

Photo: Unsplash

Singapore-based buyout firm Affirma Capital is seeking to exit its stake in Jordan-based Fine Hygienic Holding, one of the Middle East’s largest makers of tissue and paper products, two sources told Reuters.

Affirma is working with Moelis & Co to arrange the sale of its significant minority stake in the company, said the sources, who sought anonymity as the matter is not public.

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