Pork Producer Smithfield’s IPO Seeks to Raise $940 Million
Smithfield Foods Inc.’s initial public offering is seeking to raise as much as about $940 million, in what would be the biggest food company listing in the US in more than three years.Most Read from B
Smithfield Foods targets up to $10.7 billion valuation in US IPO
Smithfield Foods is targeting a valuation of up to $10.73 billion in its U.S. initial public offering, the Farmland bacon maker said on Tuesday, moving closer to its much-anticipated stock market return in the country after more than a decade.
Smithfield Foods Launches 34.8 Mln IPO To Be Priced Between $23 - $27/share
Smithfield Foods, Inc.(SFD), a food company, Tuesday announced that it has started the roadshow for an underwritten initial public
Smithfield Foods eyes $10.7B valuation in IPO
Smithfield, owned by China’s WH Group, said it plans to sell 34.8 million shares valued between $23 and $27 per share. That could raise up to $939.6 million for the pork producer, which owns brands including Farmland bacon and Nathan’s Famous hot dogs.
Smithfield Foods Announces Launch of Initial Public Offering
Smithfield Foods, Inc., announced that it has “commenced the roadshow” for an underwritten initial public offering of 34,800,000 shares of its common stock.
Smithfield Foods Pursues IPO In Packaged Meat Push
Smithfield Foods plans a $100 million IPO to expand infrastructure. Learn why SFD stock could benefit from global pork market growth and dividend plans.
Smithfield Foods seeks up to $10.7 billion valuation in US IPO
Smithfield Foods is targeting a valuation of up to $10.73 billion in its New York flotation, the biggest U.S. pork processor said on Tuesday, moving closer to its U.S. stock market return after more than a decade.
Smithfield Foods Targets Up To $10.7bn Valuation In US IPO
Smithfield Foods is targeting a valuation of up to $10.73 billion (€10.4 billion) in its US initial public offering, the company said.
Smithfield Foods IPO Terms Could Push Market Cap Toward $11B
Smithfield said WH Group, the world's largest pork-producing company by sales, also plans to sell 17.4 million shares in the IPO, bringing the size of the offering to 34.8 million shares. Smithfield said it would have nearly 397.
Pork Giant Smithfield Foods Unveils Terms of Planned IPO
Key Takeaways Smithfield Foods unveiled terms Tuesday for its planned initial public offering, with the largest U.S. pork producer expecting shares to price between $23 and $27 each.The midpoint of the expected IPO price range would give Smithfield a market cap of nearly $10 billion.
Smithfield Foods sets initial IPO terms that value the company as high as $10.7B
Smithfield Foods began its roadshow on Tuesday for an underwritten initial public offering of 34,800,000 shares of its common stock. The initial public offering price is
Bacon heavyweight Smithfield Foods to tip IPO scales at $11 billion with an eye on amassing market share
Smithfield Foods Inc. is offering Wall Street a seat at the table for potential growth in its packaged-meats business as the ...
One of North Carolina's largest employers eyes $10.7 billion valuation in IPO
A major employer in Eastern North Carolina is targeting an initial public offering with a valuation approaching $11 billion.