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On May 29, 2013, WH Group, then known as Shuanghui Group and sometimes also Shineway Group, the largest meat producer in China, announced the purchase of Smithfield Foods for $4.72 billion, [33] a sale first suggested in 2009. [34]
Smithfield Foods Inc. (NYSE: SFD) has agreed to be acquired by China's Shuanghui International Holdings Ltd. for about $7.4 billion, or $34 a Activist Investor Objects to Smithfield Chinese ...
The acquisition of Smithfield Foods by Chinese meat producer Shuanghui International Holdings received clearance from the Committee on Foreign Investment in the United States, the two companies ...
The Farmland brand and its slogan "Good Food From the Heartland" are now owned by the Chinese-owned, Smithfield Foods, the largest pork producer and processor in the world, but Farmland Foods, Inc. operates independently and continues to market meat products under the "Farmland" brand. Farmland Foods serves both domestic and international ...
Smithfield went public Tuesday more than a decade after the world's largest pork producer was bought by China's WH Group. CEO Shane Smith says he believes the company is positioned to grow in the ...
Eckrich is a prepared meat brand owned by Smithfield Foods, a subsidiary of China's WH Group. [1] Eckrich sells smoked sausages, cold cuts, hot dogs, corn dogs, Vienna sausages, breakfast sausages and bacon under the Eckrich brand name. [2]
Bought by China's WH Group Ltd <0288.HK> six years ago for $4.7 billion, Smithfield Foods has retooled U.S. processing operations to direct meat to China, which produced half the world's pork ...
In May 2013, Shuanghui announced its intention to buy Smithfield Foods for $34 per share, or about US$4.72 billion total. Including assumed debt, the total value of the deal was about $7.1 billion. The agreed purchase price represented a 31% premium over Smithfield's market price at the time when the deal was announced. [3]