Shuanghui http://wunc.org en The Smithfield, Shuanghui Pork Deal Is Done http://wunc.org/post/smithfield-shuanghui-pork-deal-done <p></p><p><a href="http://www.smithfieldfoods.com/">Pork processor Smithfield Foods</a> has officially been sold.&nbsp; It is reportedly the largest purchase ever of a US company by a Chinese company.</p><p>Today 96% of Smithfield Foods shareholders voted to sell the pork processor to <a href="http://www.shuanghui-international.com/">Shuanghui International Holdings Ltd. of Hong Kong</a>.&nbsp; The deal is worth $7.1 billion.</p> Tue, 24 Sep 2013 20:00:00 +0000 Leoneda Inge 23039 at http://wunc.org The Smithfield, Shuanghui Pork Deal Is Done Smithfield Foods Goes 'Hog Wild' Over Shuanghui Merger http://wunc.org/post/smithfield-foods-goes-hog-wild-over-shuanghui-merger <p></p><p>The multi-billion dollar merger announcement between Smithfield Foods and China-based Shuanghui International caught many people by surprise.&nbsp; Smithfield owns the <a href="http://youtu.be/1s8Vt-Q8N80">largest hog processing plant in the world, in Tar Heel</a>.&nbsp; And thousands of hog farmers and factory workers in North Carolina are employed by the company.</p><p>If the deal clears regulatory hurdles, it could be the biggest takeover of a US company by a Chinese company. Wed, 29 May 2013 20:14:56 +0000 Leoneda Inge 16226 at http://wunc.org Smithfield Foods Goes 'Hog Wild' Over Shuanghui Merger