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Tag: smithfield foods
Smithfield Foods' management reaps $85M prize
2013-06-01 10:22:22| Food - Topix.net
Top executives at Smithfield Foods , whose company's financial performance has lagged peers' for years, stand to earn more than $85 million in the company's sale to China's Shuanghui International Holdings , thanks to their stock and share options.
Tags: management
foods
prize
smithfield
Shuanghui Bacon? Smithfield Foods devoured by Chicom conglomerate
2013-05-30 20:51:06| Food - Topix.net
Averages are modestly up this morning on Wall Street as the market feebly attempts to recover from this week's carnage.
Tags: foods
bacon
conglomerate
smithfield
Evaluating the Sale of Smithfield Foods to China
2013-05-30 19:15:00| National Hog Farmer
Source: Daily Livestock Report The major announcement Wednesday of the purchase of Smithfield Foods by the Chinese meat processing firm Shuanghui Holdings was reviewed by Daily Livestock Report (www.dailylivestockreport.com) in today’s edition. Authors Steve Meyer and Len Steiner report that several sources suggest that the value of this transaction makes this the largest Chinese purchase of a U.S. company to date. read more
China's Shuanghui International to buy Smithfield Foods for $7.1bn
2013-05-30 01:00:00| Food Processing Technology
Shuanghui International has entered into a definitive merger agreement to acquire US-based pork producer and processor Smithfield Foods in an all-cash deal valued at $7.1bn, including the assumption of net debt.
Tags: international
buy
foods
smithfield
Smithfield Foods Downgraded to "Neutral" at Bank of America
2013-05-30 00:12:51| Food - Topix.net
The analysts wrote, "Smithfield Foods announced this morning that the company will be acquired by Shuanghui International for $34/share, or a total value of $7.1bn which includes the assumption of $2.2bn of debt.
Tags: america
bank
foods
neutral
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