WH Group to Offer up to 20% of Smithfield Shares in US Listing
The world’s biggest pork producer WH Group Ltd. plans to list up to 20% of shares of its subsidiary Smithfield Foods Inc. on the New York Stock Exchange or NASDAQ, it said...
WH Group Ltd. is an investment holding company, which engages in the production and sale of packaged meats, fresh pork and hog products. It operates its business through the following segments: Packaged Meat Products, Fresh Pork and Hog Production. The Packaged Meat Products segment represents production, wholesale, and retail sales of low temperature and high temperature meat products. The Fresh Pork segment engages in the hog slaughtering, wholesale, and retail sales of fresh and frozen meat. The Hog Production segment involves hog farming. The company also engages in the slaughtering and sales of poultry, sales of ancillary products and services such as provision of logistics services, sales of flavoring ingredients, internally-produced packaging materials, imported meat products as well as retail business, and biopharmaceuticals. WH Group was founded on March 2, 2006 and is headquartered in Hong Kong.
The world’s biggest pork producer WH Group Ltd. plans to list up to 20% of shares of its subsidiary Smithfield Foods Inc. on the New York Stock Exchange or NASDAQ, it said...
The world’s biggest pork producer WH Group Ltd. is spinning off the US and Mexico businesses of Smithfield Foods Inc. and listing them in New York, it said in a Hong Kong...