CK Hutchison taps Goldman Sachs, UBS for AS Watson IPO, Bloomberg News reports

Group 1 - Hong Kong-based CK Hutchison has selected Goldman Sachs and UBS Group AG to assist with the planned initial public offering (IPO) of its subsidiary A.S. Watson Group [1] - The IPO is part of CK Hutchison's strategy to enhance its capital structure and unlock value from its investments [1] - A.S. Watson Group is a leading health and beauty retailer, which could attract significant investor interest due to its market position [1]