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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]
Smithfield Foods Inc. (NYSE: SFD) is seeing its shares surge this morning on news that it has received a big premium buyout offer. A Chinese firm called Shuanghui International Holdings, which is ...
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 ...
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 ...
In 2017, Smithfield Foods acquired the remaining 66.5% of the equity in Pini Polonia. After the acquisition, it became wholly owned by Smithfield Foods. Pini Polonia has a slaughterhouse in Poland. The firm also has facilities in Italy and Hungary. The deal included the acquisition of Pini Polska, Hamburger Pini, and Royal Chicken. The price ...
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 ...
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 ...
The activist hedge fund operator that had opposed the sale of pork producer Smithfield Foods to a Chinese meat processor said it can't cobble together a deal that would supersede the one received.