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Patrick Cudahy owner agrees to sell to Hong Kong firm

2013-05-29 19:57:38| Food - Topix.net

One of Wisconsin's best-known brands of bacon is about to be owned by a company in Hong Kong.

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Clearwire disparages advisory firm that panned Sprint deal

2013-05-29 16:24:15| CNET News.com

After proxy advisory firm Glass Lewis reiterates that shareholders should vote "no" to an acquisition by Sprint, Clearwire pipes up. [Read more]    

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Chinese Firm Acquires Smithfield Foods

2013-05-29 15:42:00| National Hog Farmer

Source; Smithfield Foods The largest meat products company in China has agreed to acquire all of the assets of Smithfield Foods, valuing Smithfield at approximately $7.1 billion, the company announced this morning. The definitive merger between Shuanghui International and Smithfield includes the assumption of Smithfield's net debt. Shuanghui International is the majority shareholder of Henan Shuanghui Investment & Development Co., is China's largest meat processing enterprise and China's largest publicly traded meat products company as measured by market capitalization. read more

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VIDEO: Net firm accused of laundering $6bn

2013-05-29 07:57:27| BBC News | Business | UK Edition

The Liberty Reserve digital money service that was shut down laundered more than $6bn (4bn) in criminal cash, US authorities have said.

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Rosneft plans to acquire Itera gas firm for $3bn

2013-05-29 01:00:00| Hydrocarbons Technology

Russia-based state-controlled oil company Rosneft is planning to acquire local gas firm Itera for $3bn in a bid to strengthen its presence and challenge Gazprom's industry dominance.

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