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Shuanghui Internationals $4.7bn deal for Smithfield Foods approved in US
2013-09-09 01:00:00| Food Processing Technology
Shuanghui Internationals proposed acquisition of US-based pork producer and processor Smithfield Foods for $4.7bn has been approved by the Committee on Foreign Investment in the United States (CFIUS).
U.S. clears China's Shuanghui to acquire Smithfield Foods
2013-09-07 08:32:50| Food - Topix.net
The deal is still subject to approval from Smithfield shareholders, who are scheduled to vote on it Sept.
Tags: foods
acquire
clears
smithfield
U.S. unlikely to block Chinese purchase of Smithfield
2013-09-06 06:07:53| Food - Topix.net
The U.S. government should soon give the go-ahead for the largest ever Chinese acquisition of a U.S. company: a Chinese food group's $4.7 billion deal to buy Smithfield Foods Inc , an inter-agency executive branch panel that examines foreign investment for potential threats to national security.
Tags: purchase
chinese
block
smithfield
Trader to pay $5.2 million to settle Smithfield insider trading case
2013-09-06 02:04:17| Food - Topix.net
A Thailand-based trader will pay $5.2 million to settle civil charges that he traded on nonpublic information ahead of a public announcement about the proposed acquisition of Smithfield Foods Inc by China-based Shuanghui International Holdings, U.S. regulators said.
Tags: case
pay
million
trading
Smithfield Shareholders Urged to Vote against Proposed Merger
2013-09-04 02:00:00| ThePigSite - Industry News
US - Just days ahead of Smithfield Foods' latest quarterly report to the markets, one of its leading shareholders is urging others to vote against the company's proposed merger with Shuanghui International at a forthcoming meeting to allow time for an alternative offer to be finalised.
Tags: vote
proposed
shareholders
merger
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