According to informed sources, Watsons Group is considering postponing its planned London listing until next year.
The company had originally intended to pursue a dual listing in London and Hong Kong this autumn, aiming to raise approximately $20 billion, which would have valued the firm at around $300 billion post-IPO.
This initial public offering was intended to serve as an exit route for Singapore's Temasek to divest the roughly 25% stake it acquired in 2014.
Concurrently, Watsons Group is planning to divest at least one of its subsidiary assets.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments