WH Group's Smithfield Listing Plan Fails To Excite Investors
Key Takeaways:
WH Group is reportedly planning to list its U.S.-based Smithfield unit that it acquired for $4.7 billion in 2013
Such an IPO, which could come as soon as early next year, is likely to get a tepid response from investors after Smithfield fell sharply into the red this year
By Doug Young