IPO News | Watsons London Listing Plan May Be Delayed Until Next Year

The Zhitong Finance App learned that, according to reports, Changhe (00001)'s plan to split the Watsons Group's listing in London may not be implemented until next year, as it may face regulatory and other complicated issues in Asia. Earlier, according to market sources, Watsons may have a dual listing in Hong Kong and London this fall. It plans to raise 2 billion US dollars, and the company is valued at about 30 billion US dollars.

Sources said that Watsons is in the process of selling at least one asset, and the transaction may constitute a major change, which may result in the need to resubmit listing documents as usual. Changhe confirmed this month that Watsons is selling its European premium perfume and cosmetics retailer Marionnaud. At the same time, it was reported that Watsons' top 100 supermarket business would be purchased by Yee Watsons.

Founded in 1841 and rooted in Asia, the Watsons Group is an internationally renowned health and beauty retail group. Today, it operates more than 17,000 stores under 12 brands in 31 markets and employs more than 130,000 employees worldwide. With a turnover of over $26 billion in fiscal year 2025, we serve more than 6 billion customers every year through offline and online (O+O) platforms, bringing customers a seamless offline and online shopping experience.