US IPOs From Natural Gas to Bacon Line Up $18 Billion of Deals

Wall Street kicked off the 2025 IPO market with a flurry of paperwork paving the way for some of the year’s biggest potential deals.

The latest came Monday, when Smithfield Foods Inc. filed for an initial public offering. An IPO for the world’s largest pork producer, acquired by a Chinese company in 2013, may raise $1 billion or more, Bloomberg News reported earlier.

Several others snuck in before the 2024 calendar flipped over, such as Venture Global Inc. — one of the biggest suppliers of liquefied natural gas in the US — whose IPO could raise more than $3 billion, ...