Smithfield Food shares cast for Chinese takeover

Shuanghui to be one of Iowa’s largest pork producers

Shuanghui International Holdings Ltd., the biggest pork producer in China, has purchased Smithfield Foods Inc. for $4.7 billion, the biggest purchase of a U.S. company ever by a Chinese firm.

Full text available to subscribers only. If you are currently an online subscriber, you can login here. To subscribe, please follow this link.