Shareholders of Smithfield Foods, the world’s largest pork producer, approved on Tuesday the company’s sale to Shuanghui International Holdings, Ltd., a Chinese food giant. The sale landed approval at $4.72 billion, making it the largest-ever
Continue Reading Smithfield Shareholders Approve Sale to China's Shuanghui
Government Extends Review of Smithfield-Shuangui Deal
The U.S. government will extend its review of the proposed sale of Smithfield Foods to Shuanghui International, which would be the largest Chinese takeover of a U.S. company, Smithfield said on Wednesday. The Virginia-based company
Continue Reading Government Extends Review of Smithfield-Shuangui Deal