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Chinese Firm Acquires Smithfield Foods

2013-05-29 15:42:00| National Hog Farmer

Source; Smithfield Foods The largest meat products company in China has agreed to acquire all of the assets of Smithfield Foods, valuing Smithfield at approximately $7.1 billion, the company announced this morning. The definitive merger between Shuanghui International and Smithfield includes the assumption of Smithfield's net debt. Shuanghui International is the majority shareholder of Henan Shuanghui Investment & Development Co., is China's largest meat processing enterprise and China's largest publicly traded meat products company as measured by market capitalization. read more

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Smithfield To Be Acquired by Chinese Meat Processor

2013-05-29 09:00:48| Food Processing

Shuanghui International (Henan Shuanghui Investment & Development Co.) is China's largest meat processor.

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Huawei says shutting out Chinese firms won't solve US cyber security issues

2013-05-29 02:00:00| Total Telecom industry news

Comments follow reports that Sprint, Softbank have agreed to give U.S. government right to veto equipment purchases.

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U.S. weapons system designs reportedly viewed by Chinese hackers

2013-05-28 15:30:07| InfoWorld: Top News

The designs for over two dozen advanced U.S. weapon systems, including missile defenses, combat aircraft, and ships, were reportedly accessed by Chinese hackers.

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Rising Franchisee Operations in Chinese Footwear Industry

2013-05-28 13:03:37| Footwear - Topix.net

Footwear sales in China has grown magnificently owing to large population base and rising standards of living.

Tags: industry chinese operations rising

 

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