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Smithfield Foods, IPO and Pork
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
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 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 said it expects net proceeds of about $400.4 million.
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 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
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What to Know About the Pork IPO That Could Kick Off 2025 With a Bang
Smithfield Foods could be one of the year's biggest U.S. initial public offerings, with the pork producer planning to raise ...
The Journal
1d
Red meat and poultry production lowered, WASDE report indicates
Recent World Agricultural Supply and Demand Estimates noted a reduction in red meat and poultry production, Dave Bergmeier ...
ktiv
3d
Sioux Center building project gets boost from area pork producer
A building project in Sioux Center received a little help by way of a $15,000 donation on Friday from folks at the Smithfield ...
10d
What would Trump's mass deportations mean for Iowa's economy? Nothing good, experts say
With Iowa's reliance on immigrant workers, business and labor leaders worry impact of Trump roundups could be harsh ...
The Western Producer
4d
Stacking the deck against African swine fever
Glacier FarmMedia - The fallout if African swine fever arrives in Canada is enough to keep the pork sector up at night.
...
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