CVC-Backed Softex Considers Indonesian IPO Delay on Virus Concern.

(Bloomberg) -- PT Softex Indonesia, a sanitary product maker backed by private equity firm CVC Capital Partners, is weighing postponing an Indonesian initial public offering that could raise at least $400 million, people with knowledge of the matter said. Softex, which was set up in 1976, sells its products in more than 35 countries, including developing economies where clean feminine-hygiene products are often considered luxury. [Extracted from the article]