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 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.
World’s Biggest Pork Producer Smithfield Files for US IPO
Smithfield Foods Inc., the world’s largest pork producer, has filed for its initial public offering in the US, joining a growing number of firms pursuing market debuts this year.
Smithfield Foods IPO is a go
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. The expected pricing is between $23 and $27 per share.
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 common stock. The initial public offering price is expected to be between $23.00 and $27.00 per share. The range values the Virginia-based company at $10.7 billion at the high point.
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 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 ...
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 ...
Smithfield relisting serves up IPO risk with a side of bacon
WH Group’s move to offload US pork producer exposed to slowdown in China, Trump tariffs and a taste for fresh meat ...
Smithfield Foods files to go public on US stock exchange again
Smithfield Foods previously traded on the New York Stock Exchange before China-based WH Group acquired the company and took it private in a $4.7 billion deal in 2013.
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Meat traders agree plan for 'New Smithfield'
The agreement comes after concerns that the historic Smithfield meat market and Billingsgate fish market would shut after the City of London Corporation voted to withdraw support for them.
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‘Smithfield market is British history – but we’re being kicked out to make way for cafes’
For some years now the meat market, which supplies restaurants, catering companies and butchers has been earmarked for closure. The plan was for Smithfield and Billingsgate, which sells fish ...