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UPDATE 2-U.S. senators urge inclusion of food safety in Smithfield review

2013-06-21 02:53:58| Food - Topix.net

A bipartisan group of 15 U.S. senators on Thursday urged the Obama administration to consider whether the proposed sale of Smithfield Foods Inc to Chinese meat company Shuanghui International posed any threat to U.S. food safety or food security that could justify blocking the deal.

Tags: review food update safety

 

Smithfield CEO to Make $46.6m from Shuanghui Deal

2013-06-21 02:00:00| ThePigSite - Industry News

US - Smithfield Foods Inc Chief Executive Larry Pope could receive nearly $46.6 million in merger-related payments as part of a planned takeover by China's Shuanghui International, a securities filing showed.

Tags: make deal ceo smithfield

 
 

Shuanghui Gets $7.9b Loan for Smithfield Acquisition

2013-06-21 02:00:00| ThePigSite - Industry News

CHINA - Chinese pork manufacturer Shuanghui has received $7.9 billion in loans from Bank of China and Morgan Stanley for its acquisition of America’s largest pork producer Smithfield Foods.

Tags: loan acquisition smithfield shuanghui

 

Shuanghui Gets $7.9 Billion Loan for Smithfield Acquisition

2013-06-21 02:00:00| ThePigSite - Industry News

CHINA - Chinese pork manufacturer Shuanghui has received $7.9 billion in loans from Bank of China and Morgan Stanley for its acquisition of America’s largest pork producer Smithfield Foods.

Tags: loan billion acquisition smithfield

 

Smithfield CEO to Make $46.6 Million from Shuanghui Deal

2013-06-21 02:00:00| ThePigSite - Industry News

US - Smithfield Foods Inc Chief Executive Larry Pope could receive nearly $46.6 million in merger-related payments as part of a planned takeover by China's Shuanghui International, a securities filing showed.

Tags: make million deal ceo

 

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