WH Group launches $6bn IPO as leads struggle to find comps

By Clare Hammond
31 Mar 2014

The world’s largest pork processing company has launched its jumbo IPO with a 28-strong syndicate, which could results in some disagreements, particularly as the valuations of comparable companies are so diverse, said bankers on the trade.

The company has received the go-ahead from the Hong Kong regulator and begun the investor education process on Monday morning, for an IPO which could be worth up to $6bn.

In a controversial move, the company – which was formerly known as Shuanghui International, and bought out ...

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