Showing posts with label China’s health and beauty retail market. Show all posts
Showing posts with label China’s health and beauty retail market. Show all posts

Monday, March 24, 2014

Temasek to Pay $5.7 Billion for 25% of Hutchison’s Watson

Billionaire Li Ka-shing’s Hutchison Whampoa Ltd. (13) agreed to sell a 25 percent stake in its retail arm to Temasek Holdings Pte for HK$44 billion ($5.7 billion) and pushed back plans for an initial public offering for the unit.