WH Group sets terms for HK IPO to raise $2b
WH Group, the Chinese pork producer backed by investors such as CDH Investments and Goldman Sachs, has set terms for a revised Hong Kong IPO that will raise up to HK$15.9 billion ($2.05 billion).
The company - known as Shuanghui International until it acquired US-based Smithfield Foods in 2013 and rebranded as WH Group - initially sought to raise HK$41 billion in April. However, a weak response...
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