Smithfield Foods to Be Listed on U.S. Exchange, WH Group Announces
Sunday, 14 July 2024, 14:41
Smithfield Foods Listing
Smithfield Foods, a key player in the pork industry, is scheduled for a listing on major U.S. exchanges by its parent company, WH Group. The move is expected to provide enhanced exposure for the company's business operations.
WH Group's Strategy
The Chinese parent company, WH Group, intends to facilitate the listing on either the NYSE or Nasdaq, signaling a significant step in expanding Smithfield Foods' market presence in the U.S. and Mexico.
- Increased Visibility: The listing on major U.S. exchanges can boost market visibility and investor interest in Smithfield Foods.
- Trade Opportunities: Access to the NYSE or Nasdaq can potentially create more trading opportunities for the pork producer in the American and Mexican markets.
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