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Block buyout of Smithfield Foods by Chinese firm

2013-08-03 15:52:27| Food - Topix.net

A Smithfield ham at a grocery store in Richardson, Texas. Chinese meat processor Shuanghui International Holdings Ltd. agreed Wednesday, May 29, 2013, to buy Smithfield Foods Inc. for approximately $4.72 billion in a deal that will take the world's biggest pork producer private.

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