NEWS

Paul Hastings Advises Smithfield and WH Group on Upsized $522 Million Secondary Offering by SFDS UK Holdings

September 08, 2025

Paul Hastings LLP advised Smithfield Foods Inc. (Nasdaq: SFD) and its shareholder, WH Group Limited, on the upsized $522 million sale of Smithfield common stock by SFDS UK Holdings Limited in a secondary offering with BofA Securities, Barclays and Morgan Stanley acting as joint lead book-running managers.

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

Securities and Capital Markets co-chair Colin Diamond and founding partner and chair of Greater China of Paul Hastings Raymond Li led the cross-border Paul Hastings team, which included, in the U.S., partner Brandon Bortner, of counsel Shai Marshall and associates Jessica Kelly, Mary Day Royston and David Kopp; in London, partner Dan Hirschovits and associate James Lansdown; and, in Hong Kong, partner Peter Cheng and associate Jessica Lam.

More details about the transaction can be found here.

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