Platinum Is Said to Mull Sale of Hong Kong Lingerie, Swimwear Firm Hop Lun

Platinum Equity is considering options for lingerie and swimwear maker Hop Lun, including a possible sale, according to people familiar with the matter.

The US private equity firm has held early stage discussions with prospective advisers to help prepare for a potential sale, the people said, asking not to be identified because the deliberations are private. Hong Kong-based Hop Lun might be valued at as much as $1 billion, the people said.