Swiss-Asian distributor DKSH to list

DKSH, a Swiss company that earns 96% of its revenues in Asia, has announced plans to list on the SIX Swiss Exchange. The size of the initial public offering is yet to be revealed, but with a minimum 25% free float, it is likely to be well over Sfr1 billion $1.1 billion. The company already has a small over-the-counter listing on the Berne exchange, but this will be taken out as part of the IPO exercise.

The company calls itself a market expansion services group, which in effect means it helps companies enter new markets. In particular, it provides access to Asian markets for companies within the region...