parknshop

Hutchison scraps plan to sell ParknShop

The conglomerate controlled by Hong Kong's richest man Li Ka-shing is instead considering a public offering of the AS Watson retail business, after a mismatch in valuations.

October 19, 2013

CRE pulls back from ParknShop race

China Resources Enterprise pulls back after being uncomfortable on price, according to a source, although it is possible the state-backed company may re-join the process at a later stage.

October 08, 2013

CP teams up with Carlyle for ParknShop bid

Thailand's CP Group teams up with private equity firm Carlyle to bid for ParknShop chain.

October 07, 2013

ParknShop auction stirs debate in Hong Kong

Although it may not be the biggest deal to hit the region this year, the sale of the supermarket chain by Li Ka-shing has provoked discussion on the role of tycoons in the city and also on food safety.

August 28, 2013

China Resources Enterprise bids for ParknShop

China Resources Enterprise confirmed it has bid for Hong Kong supermarket chain ParknShop, which is owned by Hutchison Whampoa.

August 21, 2013