Smithfield Foods raises $522 million, pricing IPO below expected range ...Middle East

Quartz - Economy
Smithfield Foods raises $522 million, pricing IPO below expected range
source : Quartz ( Middle East ) () 81

This story incorporates reporting from Virginia Business, Investopedia on MSN.com and MSN.Smithfield Foods successfully raised $522 million through its initial public offering listed on the Nasdaq Global Select Market. The company offered 26 million shares at $20 each — a price below the initially anticipated range.…

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