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Smithfield Foods News

News on Smithfield Foods (Ticker: SFD) continually updated from thousands of sources around the net.

2 hrs ago | Wall Street Journal

WH Group Raises $2.05 Billion in Hong Kong IPO

WH Group Ltd., the pork producer that withdrew an initial public offering originally meant to raise more than US$5 billion in April, raised US$2.05 billion in its relaunched deal amid a recent rally in Asian shares.

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Related Topix: Food

Mon Jul 28, 2014

The Virginian-Pilot

Chesapeake-based Dollar Tree to buy Family Dollar for $9.2 billion

Dollar Tree Inc., one of Hampton Roads' largest locally based companies, would more than double in size and become the nation's biggest discount retailer in terms of stores with its proposed purchase of rival Family Dollar Stores Inc. The companies announced early today that Chesapeake-based Dollar Tree plans to buy Family Dollar in a deal worth ... (more)

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Related Topix: Dollar Tree Stores, Retail, Tree.com, Family Dollars Stores, Food, Matthews, NC, Wal Mart Stores

Sun Jul 27, 2014

Wall Street Journal

High Hopes Ride on IPO in Wake of Smithfield Deal

If the initial public offering of Chinese pork producer WH Group Ltd. goes through as expected Tuesday, it will be one of the first things to go right for the company since its purchase of Smithfield Foods Inc. last year.

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Related Topix: Food

Fri Jul 25, 2014

Lexington Herald-Leader

China pork giant WH Group makes 2nd IPO attempt

The company, which bought U.S. producer Smithfield Foods last year, said Friday it would sell 2.6 billion shares at 6.20 Hong Kong dollars .

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Related Topix: Food

Wed Jul 23, 2014

Digital Game Developer

Nathan's Famous and KaBOOM! Bring Summer Fun with Ready. Set. PLAY. Program

Nathan's Famous and KaBOOM! brought some summer fun and a little slice of Coney Island to the students of Paramount School of Excellence and its surrounding community this week.

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Related Topix: New York, NY, Coney Island, NY, Family, Kids, Food, Marketing

Mon Jul 21, 2014

Bloomberg

WH Group Said to Plan Discounted Valuation for $2.3 Billion IPO

WH Group Ltd., the world's biggest pork producer, plans to seek a valuation of about 11.5 times estimated 2014 earnings for its $2.3 billion Hong Kong initial public offering, said people with knowledge of the matter.

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Related Topix: Food

Sun Jul 20, 2014

The Virginian-Pilot

Small menu, but flavor abounds at Taste of Smithfield

The Barlow: Grilled Smithfield pork tenderloin with bacon, house sauce, lettuce and tomato on ciabatta at Taste of Smithfield.

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Related Topix: Life, Food, Dining, Potatoes, Vegetables, Meat, Pork

Sat Jul 19, 2014

Kinston Free Press

Making a way to Smithfield Foods

For the thousands of motorists traveling by Smithfield Foods near Hill Farm Road, congestion should be cleared up in four months' time.

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Related Topix: Food, Lenoir County, NC

Wed Jul 16, 2014

Bloomberg

WH Group Said to Plan Cutting IPO Bookrunners to Two From 28

WH Group Ltd., which aborted a Hong Kong initial public offering in April after hiring a record 28 investment banks, plans to use just two bookrunners for its second attempt, said people with knowledge of the matter.

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Related Topix: Food, Stanley

Mon Jul 14, 2014

Hampton Roads Daily Press

Smithfield Foods parent to try IPO again

Chinese pork producer WH Group Ltd. is seeking to raise up to $3 billion as early as this month in a revived Hong Kong initial public offering that saw the deal size cut by nearly two-thirds, Thomson Reuters publication IFR reported on Thursday.

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Related Topix: Food, Life, Pork, Meat

Sat Jul 12, 2014

Bloomberg

China's Hony Capital Buys PizzaExpress for $1.54 Billion

Chinese private equity group Hony Capital Ltd. agreed to buy U.K. restaurant chain PizzaExpress Ltd. for about 900 million pounds .

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Related Topix: Food

Thu Jul 10, 2014

Hampton Roads Daily Press

Smithfield Foods, town in talks to trade property

The Town of Smithfield and Smithfield Foods are nearing an agreement to swap properties to help alleviate parking problems at the company's headquarters, town officials said.

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Related Topix: Food, Smithfield, VA, Isle of Wight County, VA

Channelnewsasia.com

WH Group plans to relaunch Hong Kong IPO

Chinese pork giant WH Group, which scrapped an initial public offering worth more than US$5 billion earlier this year, has relaunched its plan to list in Hong Kong.

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Related Topix: Apparel, Kenneth Cole Productions, Footwear, Food

Wed Jul 09, 2014

Wall Street Journal

WH Group Plans Relaunched IPO

WH Group Ltd., the pork producer that pulled its over $5 billion initial public offering a few months ago, is coming back, this time with plans to raise more than $2 billion as early as the end of the month.

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Related Topix: Food

Tue Jul 08, 2014

New Urban Legends

Smithfield Foods

Claim: Smithfield Foods was sold to a Chinese company that will be slaughtering and processing hogs raised in the U.S. Interesting; Time consuming to do this but I think, worth while Don't forget that Smithfield Farms, the largest pork producing farm in the USA was sold in September to China with the unanimous support of its stockholders!! The hogs ... (more)

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Related Topix: Food, Life, Pork, Meat, Food and Drug Administration, Agriculture, Science

Sat Jul 05, 2014

The Las Vegas Sun

China's hungry cattle feasting on alfalfa grown on Utah farm

It's easy to find the largest Chinese-owned hay farm in the United States. It sits 189 miles east of Salt Lake City, on a stunningly scenic bend of the Green River.

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Related Topix: Sundance Film Festival, Salt Lake City, UT, Agriculture, Science, Food, Ephraim, UT

Thu Jul 03, 2014

Wall Street Journal

WH Group May Relaunch IPO

WH Group, the Chinese pork producer that attempted a $5.3 billion initial public offering earlier this year before scrapping it, is close to deciding whether to relaunch the share sale at a lower valuation, people familiar with the matter said Wednesday.

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Related Topix: Food

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