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Food safety, farm groups oppose Smithfield sale
2013-07-20 19:25:53| Food - Topix.net
A coalition of farm and food safety groups wants federal regulators to quash the proposed sale of Smithfield Foods to a Chinese conglomerate in what would be the largest such takeover of a U.S. business.
Smithfield Foods Announces Pricing of Upsized $900 Million Senior Notes Offering
2013-07-19 23:32:55| Food - Topix.net
As part of the financing for the proposed acquisition of Smithfield Foods, Inc. , Sun Merger Sub, Inc., a Virginia corporation , announced today that it priced its previously announced offering of senior notes, which will be issued in one series of 5.250% senior notes due 2018 in an aggregate principal amount of $500,000,000 and one series of ... (more)
Tags: notes
million
senior
offering
Smithfield Foods: An Arbitrage Opportunity With Additional Upside Potential
2013-07-16 03:56:56| Food - Topix.net
Smithfield Foods Inc. has formally and legally agreed to marry Hong Kong-based Shuanghui International.
Tags: additional
potential
opportunity
foods
Smithfield Shareholder Still Presses for Break Up
2013-07-16 02:00:00| ThePigSite - Industry News
US - A key shareholder in Smithfield Foods Inc has hired advisers to help break up the US pork giant and sell it in pieces rather than allow it to be sold intact to China's Shuanghui International Holdings Ltd, according to a regulatory filing.
Tags: up
break
shareholder
presses
Smithfield CEO Pope's fancy footwork at hearing
2013-07-15 03:09:25| Food - Topix.net
These are some of the questions Larry Pope didn't answer when he testified last week before the Senate Agriculture Committee on the planned takeover of Smithfield Foods by a Chinese company: The chairwoman, Michigan Democrat Debbie Stabenow, asked if, tables turned, China would allow the pork company to buy Shuanghui International Holdings.
Tags: hearing
ceo
fancy
smithfield
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