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The deal was the largest ever takeover of a U.S. company by a Chinese company, [3] roughly doubling the number of US jobs tied to direct investment by China. [6] Smithfield ceased to be publicly traded at the deal's completion. [3] In July 2013, Shuanghui announced its plan to list Smithfield on the Hong Kong Stock Exchange after completing the ...
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Then known as Shuanghui Group, WH Group purchased Smithfield Foods in 2013 for $4.72 billion. [9] [10] It was the largest Chinese acquisition of an American company to date. [11] The acquisition of Smithfield's 146,000 acres of land made WH Group, headquartered in Luohe, Henan province, one of the largest overseas owners of American farmland. [b]
"The affirmation reflects WH Group's steady operations and cash flow generation, which will support a consistently low leverage over the next 1-2 years," says Ying Wang, a Moody's Vice President ...
The big shareholder groups in WH Group Limited (HKG:288) have power over the company. Large companies usually have institutions as shareholders, and we usually see insiders owning shares in ...
CK Hutchison Holdings Limited (Chinese: 長江和記實業有限公司) is a Hong Kong–based and Cayman Islands–registered multinational conglomerate corporation. The company was formed in March 2015 through the merger of Cheung Kong Holdings and its main associate company Hutchison Whampoa. [2]
The Wharf (Holdings) Limited (Chinese: 九龍倉集團), or Wharf (九倉) in short, is a company founded in 1886 in Hong Kong. As its name suggests, the company's original business was in running wharfage and dockside warehousing, and it was originally known as The Hong Kong and Kowloon Wharf and Godown Company, Limited and founded by Sir Paul ...
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