Sweden's Essity kicks off sale of majority stake in HK's diaper-maker Vinda

Sweden's Essity kicks off sale of majority stake in HK's diaper-maker Vinda

FILE PHOTO: Taxis drive under neon and LED signs at Yau Ma Tei, in Hong Kong, China August 8, 2021. Picture taken August 8, 2021. REUTERS/Tyrone Siu

Sweden’s Essity has kicked off the sale process for its 52% stake in Hong Kong-based Vinda International – a maker of tissues and diapers, two sources with knowledge of the situation told Reuters.