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’ 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 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.
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 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 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 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
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.
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.
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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 ...
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.