posted on January 10, 2014 at 2:25 PM
The world's largest pork producer said Tuesday that it is asking the growers to move pregnant sows from gestation crates to group housing by 2022.
posted on September 26, 2013 at 5:01 PM
The deal, which is expected to close Thursday, will be the largest takeover of a U.S. company by a Chinese firm, valued at about $7.1 billion including debt
posted on September 20, 2013 at 2:01 PM
Smithfield Foods Inc.'s largest shareholder says it will vote in favor of a proposed takeover by a Chinese meat producer after failing to find an alternative bidder.
posted on June 7, 2013 at 4:13 PM
At an age when most Chinese executives are long retired, the country's top hog butcher is taking on a daunting new job persuading Americans to allow him to complete China's biggest takeover of a U.S. company.
posted on May 31, 2013 at 2:26 PM
The companies put the deal's total value at about $7.1 billion, including debt. Smithfield's stock will no longer be publicly traded once the deal closes.