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China's Food Play Extends Its Reach, Already Mighty

Friday, May 31, 2013   (0 Comments)
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http://www.nytimes.com/2013/05/30/business/wariness-over-a-deal-intended-to-deliver-more-pork-to-china.html?_r=3&

NY Times

Hong Kong-based Shuanghui International Holdings Ltd., a majority shareholder of China’s largest meat-processing enterprise, has entered an agreement to acquire Smithfield Foods Inc. for approximately $7.1 billion, including assumption of debt


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