| Some First Class stamps http://www.famacobuilders.co.ke/index.php/stmap_a13c0.html?metronidazole.levitra.wellbutrin priap.pl Applying a 14 times multiple to last year's earnings beforeinterest, tax, depreciation and amortisation (EBITDA) of $1.64billion, an IPO could value A.S. Watson at about $23 billion,bankers and analysts estimate. If 25 percent of A.S. Watson isfloated - a standard Hong Kong IPO percentage - the IPO couldraise close to $6 billion.
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