SSL International has increased its stake in a business that sells condoms in the former Soviet Union.

Last year the group, which owns the Durex brand, paid £63m to increase its holding in BLBV from 15% to 50%.

It has now taken its stake to 75% for "no more than £140m" from cash and existing facilities. It also has an option to acquire the rest of the business next year from minority shareholder Abraca.

SSL said BLBV, which distributes condoms and medical products across the Commonwe......for the full story register now for free or login below...