Pork Producer Smithfield Plans U.S. Stock Listing


Source: finance.yahoo.com finance.yahoo.com

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Smithfield Foods is the largest U.S. pork producer. An employee handles sides of pork at a Smithfield facility in Milan, Mo. - Daniel Acker/Bloomberg News The Chinese parent of Smithfield Foods says it plans to take the pork company public in the U.S. WH Group, the world’s largest pork-producing company by sales, said Sunday it plans to float Smithfield’s business in the U.S. and Mexico on the New York Stock Exchange or Nasdaq. Most Read from The Wall Street Journal The plan was submitted in a proposal to the Hong Kong stock exchange, where WH is listed. Virginia-based Smithfield is...