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 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 files for public offering on US stock exchange
The proposed listing comes amid pricing pressures in the pork industry and mounting public scrutiny over the agriculture industry's ties to China.
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.
One of NC'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. Farmers in the state are watching Smithfield Foods as the Virginia-based company continues to invest in pork production in North Carolina.
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 ...
AgWeb1y
It’s Starting: Why Recent Processing Plant, Farm Closures Signal Major Consolidation is Now Underway for Pork and Poultry
Tyson Foods’ decision to shutter four poultry processing plants yet this year and into early 2024, combined with Smithfield Foods closing 35 pig farms, are strong signals consolidation is ...
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 ...
Morningstar1mon
Smithfield and HD3 Farms Sign Agreement for Independent Pork Production
Smithfield Foods is an American food company with a leading position in packaged meats and fresh pork products. With a diverse brand portfolio and strong relationships with U.S. farmers and ...