Key Takeaways:
- WH Group plans to list its Smithfield pork subsidiary as early as this year in a U.S. IPO that could raise $1 billion or more
- Potential Chinese anti-dumping tariffs against European pork could throw a spanner into the company's recent European expansion
By Lee Shih Ta
After months of rumors, leading Chinese meat producerWH Group Ltd.(OTC:WHGLY)(OTC:WHGRF) is finally serving up some new bacon for investors by confirming plans to spin off itsSmithfield Foods subsidiary for a separate listing in New York. The IPO is expected to raise at least $1 billion...
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