Smithfield, owned by China's WH Group, on Tuesday said it plans to sell 17.4 million shares at between $23 and $27 apiece in the IPO. At the $25 midpoint of that range, the Smithfield, Va., company ...
SMITHFIELD, VA. — American pork processor Smithfield Foods Inc. has announced the commencement for an underwritten initial public offering (IPO) of 34,800,000 shares of its common stock.