Thu 03/03/2022 05:37 AM
Hong Kong-headquartered upmarket fitness company Pure Group is facing increasing financial pressure, with gyms in the financial hub in lockdown until April 20, but with no clarity of how the city will emerge from the lockdown, and with increasing numbers of expatriates fleeing the city due to travel and quarantine restrictions presented by its Covid Zero strategy.
Sponsors FountainVest Partners and Ontario Teachers Pension Plan (OTPP) have agreed to inject a further around $20 million in...
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