Smithfield Foods (SFT) Launches 34.8M Share IPO at $23-$27/sh
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Smithfield Foods Announces Launch of Initial Public Offering
January 21, 2025 6:41 AM ESTSMITHFIELD, Va., Jan. 21, 2025 /PRNewswire/ --Â Smithfield Foods, Inc. (the "Company"), an American food company and an industry leader in value-added packaged meats and fresh pork, today announced that the Company has commenced the roadshow for an underwritten initial public offering of 34,800,000 shares of its common stock. The initial public offering price is expected to be between $23.00 and $27.00 per share. The offering consists of 17,400,000 shares of common... More
