WH Group goes full throttle with faster, slimmer and ‘fail-proof’ fixed price $2.36bn IPO

WH Group finally opened the order book for its long awaited and much scrutinised IPO on July 23, with the deal barely recognisable from the company's earlier attempts to list. Having dragged on through two abortive efforts in April, weighed down by a syndicate of 29 banks and ultimately scuppered by the issuer's refusal to budge on valuation, the transaction that has been launched is intended to be short and sweet, writes Rev Hui.