WH Group Shareholders Say Yes to Smithfield Foods Spinoff

MT Newswires Live

2024/12/09

WH Group (HKG:0288) shareholders approved the spinoff of unit Smithfield Foods and subsequent listing in the US, according to a Friday filing with the Hong Kong Exchange.

The pork producer said 99.4% of shareholders approve of the spin-off on either the Nasdaq or the New York Stock Exchange, the filing said.

Smithfield is a food company with operations in the US and Mexico.

WH Group applied for the spinoff in July.

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