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Investor Wants Smithfield Sliced Up

2013-06-18 02:00:00| ThePigSite - Industry News

US & CHINA - A minority shareholder of Smithfield Foods Inc says a buyout offer of $7.1 billion, including debt, from China's Shuanghui International Holdings Ltd is far less than what the US pork processor could get if it were carved up and sold in chunks.

Tags: investor sliced smithfield

 

Investor Group Pays $62M for Bowery Portfolio of 11 Properties

2013-06-11 03:20:00| National Real Estate Investor

An investor group, led by Joseph Betesh of Milestone Equities, has acquired the Bowery Portfolio, which consists of 11 mixed-use properties between Houston and Canal streets of the Bowery. read more

Tags: group properties pays portfolio

 
 

Smithfield Investor Charged with Insider Trading

2013-06-10 02:00:00| ThePigSite - Industry News

US - The Securities and Exchange Commission has taken out an emergency court order to freeze the assets of a trader in Bangkok, Thailand, who made more than $3 million in profits by trading in advance of last week's announcement that Smithfield Foods agreed to a multi-billion dollar acquisition by China-based Shuanghui International Holdings.

Tags: trading charged investor insider

 

Private Investor Picks Up Queen Apartment Property for $3.2M

2013-06-07 03:06:00| National Real Estate Investor

A private investor has paid $3.2 million to acquire 3124 32nd Street, a 17-unit apartment property located in Queens, N.Y. read more

Tags: private property queen investor

 

US: Delia's sells Alloy business to investor firm

2013-06-05 13:16:00| Daily apparel & textile news and comment - from just-style.com

Teen clothing retailer Delia's has sold its Alloy apparel and accessories business to investor firm HRSH Acquisitions for US$3.7m in cash, allowing it to focus on its namesake brand.

Tags: business firm investor sells

 

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