Superdrug Owner AS Watson Considers Delaying Planned London IPO

AS Watson, the Hong Kong-based owner of UK retailer Superdrug, is reportedly considering delaying its planned London stock market listing until next year. The company had aimed for a dual listing in London and Hong Kong this autumn, seeking to raise around $2 billion and valuing the business at approximately $30 billion. The potential delay is attributed to possible regulatory and other complications in Asia, which could necessitate refiling listing materials, marking another setback for the UK market amid a shortage of new arrivals.