Paul Hastings Advised Smithfield and WH Group on Smithfield’s IPO

January 28, 2025

Paul Hastings LLP advised Smithfield Foods, Inc. (Nasdaq: SFD) and its shareholder, WH Group Limited, on Smithfield’s $522 million IPO on the Nasdaq Global Select Market. The offering comprises 26,086,958 shares of common stock at a public offering price of $20.00 and is expected to close on January 29, 2025, subject to customary closing conditions.

Founded in 1936, Smithfield is an American food company with a leading position in packaged meats and fresh pork products, a diverse brand portfolio and strong relationships with U.S. farmers and customers.

Co-Head of the Securities and Capital Markets practice Colin Diamond and Founding Partner and Chair of Greater China of Paul Hastings Raymond Li led the cross-border Paul Hastings team, which included partners Brandon Bortner, Peter Cheng, Alex Herman, Fang Pei, Dan Hirschovits and Jason Ertel, of counsel Shai Marshall and Doug Brown and associates Jessica Kelly, Mary Day Royston, Rachel Weinstein, Will Yu, Shani Chan and Jessica Lam.

More details about the transaction can be found here.

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