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Thai Trader Agrees $5.2m Settlement over Smithfield Insider Trading

2013-09-10 02:00:00| ThePigSite - Industry News

US - A Bangkok-based trader has agreed to pay $5.2 million to settle charges that he traded on inside information in advance of a public announcement about the proposed acquisition of Smithfield Foods by by Shuanghui International.

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Smithfield Foods reports 35.9% decline in Q1 net income

2013-09-10 01:00:00| Food Processing Technology

Smithfield Foods, a US-based pork producer and processor, has reported that its net income for the first quarter of 2013 declined 35.9% to $39.5m, compared with $61.7m for the same period last year.

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Smithfield Foods Receives Clearance for Sale

2013-09-09 17:29:00| National Hog Farmer

Source: Smithfield Foods The proposed transaction between Shuanghui International Holdings Limited and Smithfield Foods, Inc. has received clearance from the Committee on Foreign Investment in the United States (CFIUS). Smithfield and Shuanghui International also announced that the parties have received governmental merger clearance in Ukraine. read more

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US Panel OKs Smithfield Sale To Chinese Company

2013-09-09 02:26:00| Food - Topix.net

A U.S. committee that reviews mergers between American companies and those overseas has given clearance to the proposed sale of Smithfield Foods Inc. to a Chinese company.

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CME: Sale of Smithfield Foods to Shuanghui Will Not be Blocked

2013-09-09 02:00:00| ThePigSite - Industry News

US - The United States’ Committee on Foreign Investment in the US (CFIUS) announced on Friday that it will not block the sale of Smithfield Foods to Shuanghui International, write Steve Meyer and Len Steiner.

Tags: will sale foods blocked

 

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