CK Hutchison Eyes $30 Billion Valuation for Retail Unit's Q2 IPO
CK Hutchison is reportedly seeking a $30 billion valuation for its retail unit (AS Watson) in a Q2 2026 IPO. Learn about the strategic goals and market impact of this massive listing.
A retail giant worth nearly $30 billion is preparing to hit the public markets. CK Hutchison is seeking a massive valuation of $30 billion for its retail division's upcoming initial public offering (IPO), according to Reuters. This move marks one of the most anticipated market debuts in the global retail sector in recent years.
CK Hutchison Retail Unit IPO Valuation 2026 Details
The conglomerate is reportedly targeting Q2 2026 for the listing. The retail arm, dominated by the AS Watson Group, operates over 16,000 stores across 28 markets worldwide. It's the world's largest health and beauty retailer, and the IPO is seen as a strategic pivot to unlock value from its expansive brick-and-mortar footprint while fueling its digital expansion.
Sources told Reuters that the proceeds from the $30 billion offering will likely be used to trim corporate debt and reinvest in high-growth markets. While CK Hutchison hasn't officially confirmed the figures, investment banks are already positioning themselves for what's expected to be a competitive mandate.
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