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 WH Group the holding company for Smithfield Foods is considering an IPO for the U.S. subsidiary. In advance of any formal application to re-list the company, WH Group has restructured North American and European Operations. Morliny Foods will operate independently in with facilities in Spain, the U.K. and three eastern European nations.
The separation of North American and European companies will allow each to develop appropriate production and marketing strategies tailored to their respective operating environments.
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