Smithfield Foods seeks to raise up to $940m in public share offering
In the document registered with the US Securities and Exchange Commission (SEC), Smithfield Foods said it would offer a total of 34.8 million shares priced in a range of $23 to $27 as it seeks a listing on the New York Stock Exchange. That equates to as much as $939.6m.
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 INC (SFD) Announces January 28th IPO
SMITHFIELD FOODS INC (SFD) plans to raise $870 million in an initial public offering on Tuesday, January 28th, IPO Scoop reports. The company plans to issue 34,800,000 shares at a price of $23.00-$27.
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 bacon and lunch-meat manufacturer set an estimated market capitalization of nearly $11 billion in its upcoming initial public offering.
Smithfield Foods’ IPO: 34.8 Million Shares at $23-27 Per Share
The country’s top pork processor reveals the size and price range of its long-rumored separation from China’s WH Group, but a date has not been chosen.
Smithfield Foods seeks US$10.7bil IPO valuation
Smithfield Foods is targeting a valuation of up to US$10.73bil in its New York flotation, the biggest US pork processor says, moving closer to its US stock market return after more than a decade.
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 IPO is a go
SMITHFIELD, VA. — American pork processor Smithfield Foods Inc. has announced the commencement for an underwritten initial public offering (IPO) of 34,800,000 shares of its common stock.
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.
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 sets initial IPO terms that value the company as high as $10.7B
Smithfield Foods ( SFD) began its roadshow on Tuesday for an underwritten initial public offering of 34,800,000 shares of its ...
Smithfield Foods IPO Terms Could Push Market Cap Toward $11B
Smithfield, owned by China's WH Group, on Tuesday said it plans to sell 17.4 million shares at between $23 and $27 apiece in the IPO. At the $25 midpoint of that range, the Smithfield, Va., company ...