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Smithfield Foods Targets Up to US$10.7B Valuation in US IPO
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Smithfield Foods (SFD.US), which was spun off by WH GROUP (00288.HK), said on Tuesday that it is targeting a valuation of up to US$10.73 billion for its US IPO. Smithfield and WH GROUP will each issue 17.4 million shares at an issue price per share of between US$23 and US$27, raising up to US$940 million. AAStocks Financial News |
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