CK Hutchison weighs listing for group behind Watsons chain

CK Hutchison Holdings is considering listing health and beauty retailer AS Watson Group, people familiar with the matter said.

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The Hong Kong-based conglomerate has been speaking with financial advisers about a potential listing, which might take place as soon as 2026, the people said, asking not to be identified because the talks are private. AS Watson could raise US$2 billion (S$2.6 billion) or more in a Hong Kong listing, the people said. A dual listing in the UK may also be considered, one of the people said.