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 Farmland bacon maker said on Tuesday, moving closer to its much-anticipated U.S. stock market return 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 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.
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 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 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 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
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 ...
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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 ...
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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 ...
Smithfield Foods, Inc.: Smithfield Foods Announces Launch of Initial Public Offering
Smithfield Foods, Inc. (the "Company"), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced ...
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.