Chinese buyout firm Citic Capital is weighing a sale of its controlling stake in EBeauty Holdings Cayman Ltd. after a planned initial public offering stalled amid market volatility, people familiar with the matter said.
Citic is seeking a valuation of as much as $2 billion for the provider of e-commerce services to the cosmetics industry in China, said one of the people, asking not to be identified as the information is private.
