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Shareholders Approve Smithfield Foods Merger
2013-09-24 17:18:00| National Hog Farmer
Source: Smithfield Foods Shareholders of Smithfield Foods, Inc. announced today that they have voted overwhelmingly to approve the proposed strategic combination with Shuanghui International Holdings Limited. At a special meeting of Smithfield shareholders held today, more than 96% of the votes cast were voted in favor of the transaction, which represents approximately 76% of Smithfield's total outstanding shares of common stock as of the record date for the special meeting. read more
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Shuanghuis $4.7bn deal close to receiving Smithfield Foods shareholder approval
2013-09-18 01:00:00| Food Processing Technology
Shuanghui International's proposed $4.7bn deal to acquire US-based pork producer and processor Smithfield Foods is close to receiving approval from the latters shareholders ahead of the vote next week and is likely to be completed by 26 September.
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Shuanghui's Smithfield Foods offer gets more support in US investor circles
2013-09-17 06:16:41| Food - Topix.net
A second firm of advisors to investors has said shareholders in Smithfield Foods, the world's largest pork processor, should accept the $7.1bn takeover bid from China's 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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