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Smithfield Foods, IPO
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.
Pork Giant Smithfield Foods Unveils Terms of Planned IPO
Smithfield Foods on Tuesday unveiled terms for its planned initial public offering, with the largest U.S. pork producer expecting shares to price between $23 and $27 each.
Smithfield Foods eyes $10.7B valuation in IPO
Smithfield, owned by China’s WH Group, said it plans to sell 34.8 million shares valued between $23 and $27 per share. That could raise up to $939.6 million for the pork producer, which owns brands including Farmland bacon and Nathan’s Famous hot dogs.
15h
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.
8h
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 ...
ktiv
11h
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 ...
1d
Medtronic appoints Renault's exec Thierry Piéton as finance chief
Medtronic said on Monday it will appoint Renault's finance chief Thierry Piéton as its Chief Financial Officer, effective ...
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