Books open on porky $5bn WH Group IPO

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By Clare Hammond
10 Apr 2014

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 ...

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