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WH Group Limited ( (HK:0288) ) has shared an announcement.
WH Group Limited has announced the proposed spin-off and separate listing of its subsidiary, Smithfield Foods, Inc., on the Nasdaq Global Select Market under the ticker symbol ‘SFD’. This move, currently under review by relevant authorities, aims to enhance Smithfield’s operational independence and market visibility, though its finalization remains dependent on market conditions and regulatory approvals.
More about WH Group Limited
WH Group Limited is a major player in the food industry, primarily focusing on the production and sale of packaged meats and pork products. The company operates on a global scale with a significant presence in the United States through its subsidiary, Smithfield Foods, Inc.
YTD Price Performance: 1.05%
Average Trading Volume: 1,086
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $9.87B
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