WH Group shareholders plan $5.3 billion IPO in HK - Reuters

Chinese pork giant WH Group Ltd has launched a Hong Kong initial public offering of up to $5.3 billion, the second-biggest ever IPO by a food and beverage company, writes Reuters. WH Group and some of its shareholders are offering 3.65 billion shares in a range of HK$8.00 to HK$11.25 each, putting the total deal at up to HK$41.06 billion ($5.3 billion).

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