Smithfield Foods is now part of the renamed WH Group, which has postponed its initial public offering. Photo: Reuters
Smithfield Foods is now part of the renamed WH Group, which has postponed its initial public offering. Photo: Reuters
The logos of 29 investment banks are seen printed on the IPO prospectus of WH Group in Hong Kong. Photo: SCMP Pictures
The logos of 29 investment banks are seen printed on the IPO prospectus of WH Group in Hong Kong. Photo: SCMP Pictures
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Money /  Markets & Investing

exclusive | 29 investment banks, one failed US$6 billion IPO: Who is to blame?

Mainland pork producer says the record 29 bookrunners to blame for collapse of share offering because of poor communications

Ray ChanGeorge ChenNick Edwards
Ray Chan George Chen and Nick Edwards

Updated: 10:34am, 1 May, 2014

Why you can trust SCMP
Smithfield Foods is now part of the renamed WH Group, which has postponed its initial public offering. Photo: Reuters
Smithfield Foods is now part of the renamed WH Group, which has postponed its initial public offering. Photo: Reuters
The logos of 29 investment banks are seen printed on the IPO prospectus of WH Group in Hong Kong. Photo: SCMP Pictures
The logos of 29 investment banks are seen printed on the IPO prospectus of WH Group in Hong Kong. Photo: SCMP Pictures
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