CK Hutchison Appoints Goldman Sachs and UBS for A.S. Watson IPO
CK Hutchison has selected Goldman Sachs and UBS Group AG to lead the planned dual-listing IPO of A.S. Watson Group in Hong Kong and London. The transaction aims to raise $2 billion or more, although details on timing and size remain preliminary.
Insights:
CK Hutchison Holdings Limited has engaged Goldman Sachs Group Inc and UBS Group AG as lead advisors for a planned dual-listing initial public offering of its subsidiary, A.S. Watson Group. The IPO is set to take place in both Hong Kong 
HKand London 
GB, with expectations to raise $2 billion or more. However, discussions regarding the timing and final deal size are still in preliminary stages.
HKand London GB, with expectations to raise $2 billion or more. However, discussions regarding the timing and final deal size are still in preliminary stages.
