Smithfield Foods to be listed on U.S. exchange, Chinese parent says

WH Group (OTCPK:WHGRF) (OTCPK:WHGLY), the Chinese parent of Smithfield Foods, on Sunday said it plans to float the pork producer’s business in the United States and Mexico on the New York Stock Exchange or Nasdaq.
The plan for a public offering was submitted to the Hong Kong stock exchange, where WH Group (OTCPK:WHGRF) (OTCPK:WHGLY) is listed. The Wall Street Journal first reported on the plan.
Smithfield is the largest pork producer in the United States, slaughtering about 30 million hogs a year.
WH Group (OTCPK:WHGRF) (OTCPK:WHGLY) in 2013 bought Smithfield for $4.7 billion, one of the biggest takeovers of an American business by a Chinese company at the time. As a result, Smithfield was delisted from the NYSE.