RIGHT BG
Retailer A.S. Watson & Co owned by Hong Kong billionaire Li Ka-shing plans a dual-listing in both Hong Kong and London by the end of June, the Wall Street Journal reported Tuesday, citing people familiar with the matter.
A.S. Watson, which owns drugstore chains including Watsons in Asia as well as Superdrug and Kruidvat in Europe, could raise between $5 billion and $6 billion from its dual-listing, the report said.
The future IPO could be one of the world's largest IPOs since late 2012, according to the report.
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