As IPO Dreams Fade for A.S. Watson, Temasek Seeks to Sell a Bit

Posted on 01/07/2019

Singapore’s Temasek Holdings is in discussions on selling a small portion of its ownership stake in beauty and health retailer A.S. Watson, part of conglomerate CK Hutchison Holdings Ltd. Temasek Holdings controls a 24.9% stake in A.S. Watson. In 2014, Temasek invested about HK$ 44 billion in A.S. Watson. Temasek bought the stake in A.S. […]