DFI Retail's Potential Supermarket Deal Likely Accretive in Medium Term -- Market Talk

Dow Jones06-12

0702 GMT - DFI Retail potentially acquiring Hong Kong supermarket chain ParknShop from CK Hutchison could be accretive over the medium term, says DBS Group Research's Zheng Feng Chee in a note. The deal could double the retailer's Hong Kong supermarket revenue, the analyst says, noting that ParknShop has synergy with DFI's existing Wellcome business. DFI's earnings could see a 9%-14% uplift in 2028 if a deal materializes, which could be a major rerating catalyst for the retailer. However, the acquisition could be earnings dilutive in the first year as ParknShop is currently lossmaking, he warns. DFI has brands across the food, health and beauty and convenience segments. DBS maintains a buy rating and US$5.00 target price on DFI. Shares are flat at US$3.80. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

June 12, 2026 03:02 ET (07:02 GMT)

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DFI's earnings could see a 9%-14% uplift in 2028 if a deal materializes, which could be a major rerating catalyst for the retailer. However, the acquisition could be earnings dilutive in the first year as ParknShop is currently lossmaking, he warns. DFI has brands across the food, health and beauty and convenience segments. DBS maintains a buy rating and US$5.00 target price on DFI. Shares are flat at US$3.80. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 12, 2026 03:02 ET (07:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DFI Retail's Potential Supermarket Deal Likely Accretive in Medium Term -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDFI Retail's Potential Supermarket Deal Likely Accretive in Medium Term -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-12 15:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0702 GMT - <a href=\"https://laohu8.com/S/DFIHY\">DFI Retail</a> potentially acquiring Hong Kong supermarket chain ParknShop from <a href=\"https://laohu8.com/S/CKHUF\">CK Hutchison</a> could be accretive over the medium term, says DBS Group Research's Zheng Feng Chee in a note. The deal could double the retailer's Hong Kong supermarket revenue, the analyst says, noting that ParknShop has synergy with DFI's existing Wellcome business. DFI's earnings could see a 9%-14% uplift in 2028 if a deal materializes, which could be a major rerating catalyst for the retailer. However, the acquisition could be earnings dilutive in the first year as ParknShop is currently lossmaking, he warns. DFI has brands across the food, health and beauty and convenience segments. DBS maintains a buy rating and US$5.00 target price on DFI. Shares are flat at US$3.80. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 12, 2026 03:02 ET (07:02 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0577902371.SGD","symbol_name":"FULLERTON LUX FUNDS - ASIA GROWTH & INCOME EQUITIE \"I\" (SGD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2642250515","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2642250515","pubTimestamp":1781247720,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0702 GMT - DFI Retail potentially acquiring Hong Kong supermarket chain ParknShop from CK Hutchison could be accretive over the medium term, says DBS Group Research's Zheng Feng Chee in a note. 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The deal could double the retailer's Hong Kong supermarket revenue, the analyst says, noting that ParknShop has synergy with DFI's existing Wellcome business. DFI's earnings could see a 9%-14% uplift in 2028 if a deal materializes, which could be a major rerating catalyst for the retailer. However, the acquisition could be earnings dilutive in the first year as ParknShop is currently lossmaking, he warns. DFI has brands across the food, health and beauty and convenience segments. DBS maintains a buy rating and US$5.00 target price on DFI. Shares are flat at US$3.80. 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