--- title: "The Financial Times: Jardine Matheson is negotiating with CKH HOLDINGS to acquire its Wellcome supermarkets" type: "News" locale: "en" url: "https://longbridge.com/en/news/283092837.md" description: "The Financial Times reported that Jardine Matheson is in talks with CKH HOLDINGS to acquire ParknShop and plans to merge it with Wellcome, a subsidiary of DFI. The two parties have been in discussions for some time, and after the merger, the market share may drop to below 50%. CKH HOLDINGS had considered selling ParknShop for USD 3 billion to 4 billion in 2013, but the plan was shelved due to not meeting shareholder interests" datetime: "2026-04-17T05:09:44.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283092837.md) - [en](https://longbridge.com/en/news/283092837.md) - [zh-HK](https://longbridge.com/zh-HK/news/283092837.md) --- # The Financial Times: Jardine Matheson is negotiating with CKH HOLDINGS to acquire its Wellcome supermarkets According to the Financial Times, citing four informed sources, the British company Jardine Matheson is in talks with CKH HOLDINGS (00001) to acquire its ParknShop supermarket chain, planning to merge it with the Wellcome supermarket under the retail group DFI. The two parties have been in discussions for some time. In 2023, the two companies together accounted for nearly 90% of the Hong Kong market. However, due to intensified competition and internal assessments, their combined market share after the merger may drop to less than 50%. CKH HOLDINGS had previously considered selling ParknShop for USD 3 billion to USD 4 billion in 2013, but the deal was shelved as the price did not meet the best interests of shareholders. (SY) ### Related Stocks - [00001.HK](https://longbridge.com/en/quote/00001.HK.md) - [JMHLY.US](https://longbridge.com/en/quote/JMHLY.US.md) - [J36.SG](https://longbridge.com/en/quote/J36.SG.md) - [D01.SG](https://longbridge.com/en/quote/D01.SG.md) - [CKHUY.US](https://longbridge.com/en/quote/CKHUY.US.md) ## Related News & Research - [CK Hutchison announces annual general meeting notice](https://longbridge.com/en/news/283113820.md) - [CK Hutchison Calls Hybrid EGM to Approve Disposal Deal](https://longbridge.com/en/news/281940793.md) - [Olive oil prices were meant to halve. Are supermarkets taking the mickey?](https://longbridge.com/en/news/282826788.md) - [Analysts' Revenue Estimates For CK Hutchison Holdings Limited (HKG:1) Are Surging Higher](https://longbridge.com/en/news/280398191.md) - [A Look At CK Hutchison Holdings (SEHK:1) Valuation After Recent Share Price Momentum](https://longbridge.com/en/news/276191173.md)