Temasek buys 25% stake in AS Watson for US$5.6bn

Strategic sale takes place after a series of investor meetings held by AS Watson parent Hutchison Whampoa.
March 21, 2014

Singapore’s state investment arm Temasek Holdings has agreed to buy a 24.95% stake in AS Watson for HK$44 billion (US$5.6 billion), parent company Hutchison Whampoa said on Friday.

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