Valuation debate for WH Group $6bn IPO

pigs_230
By Clare Hammond
03 Apr 2014

The world’s largest pork processing company has launched its jumbo IPO with a 28-strong syndicate. The size of the group has attracted plenty of comment in the market, but even bankers on the deal concede that it could lead to disagreements, particularly as the valuations of comparables are so diverse.

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

In a controversial move, WH Group – which was formerly known as Shuanghui International – has appointed 28 banks to manage ...

Already a subscriber?

Continue reading this article

Try full access to GlobalCapital

Free trial