Pig-headed no more: WH Group back for leaner IPO

One of the biggest ECM failures of recent times is back on the agenda. Less than three months after Chinese pork producer WH Group had to scrap its downsized IPO amid widespread criticism of a bloated syndicate and the issuer's reluctance to accept investor views on valuation, two banks are looking to push through a quicker, cheaper deal, write Rashmi Kumar and Rev Hui.