GC
Books open on porky $5bn WH Group IPO
Beijing based pork processing company WH Group opened books for its $5.31bn Hong Kong IPO on Thursday and will take bids until April 22.
The company hosted an investor lunch Thursday before going on a roadshow to Hong Kong, London, Boston and New York. It has finalised the price range at HK$8.00-HK$11.25 per share, or a 2015 P/E multiple of 15.0x to 20.8x.
The price discovery process has been drawn out so ...Already a subscriber? Login
