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Smithfield Foods, IPO
Bacon maker Smithfield Foods’ IPO tips scales at $11B with eye on growth
CORRECTION: An initial version of this story misspelled Smithfield Foods Inc. in the headline. 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 maker set an estimated market capitalization of nearly $11 billion in its upcoming initial public offering.
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.
2d
on MSN
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 ...
8h
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 ...
Food Processing
1d
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 ...
3d
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 ...
GlobalData on MSN
2d
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 ...
3d
Medtronic appoints Renault's exec Thierry Piéton as finance chief
Medtronic said on Monday it will appoint Renault's finance chief Thierry Piéton as its Chief Financial Officer, effective ...
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