The AS Watson deal allows Li Ka-shing to pull out some capital from the retailer and redeploy it for better returns. Photo: Bloomberg
The AS Watson deal allows Li Ka-shing to pull out some capital from the retailer and redeploy it for better returns. Photo: Bloomberg
Cheung Kong

Did Temasek overpay for its stake in AS Watson?

Return of two times over 3 to 5 years will justify the high valuation of the HK$44b investment

The AS Watson deal allows Li Ka-shing to pull out some capital from the retailer and redeploy it for better returns. Photo: Bloomberg
The AS Watson deal allows Li Ka-shing to pull out some capital from the retailer and redeploy it for better returns. Photo: Bloomberg
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