WH Group (288 HK): Smithfield's IPO Doc Now Out
On 17 November 2024, WH Group (288 HK) announced an EGM to approve the spin-off and separately list subsidiary Smithfield Foods on the NYSE or NASDAQ.
WHG, the world's largest pork producer, announced on the 6th December the spin-off overwhelmingly gained shareholder approval.
Yesterday, the Smithfield NASDAQ IPO doc was made public. As per the filing: "the number and dollar amount of Smithfield Shares to be offered and sold have not been determined".
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