Free Republic 3rd Qtr 2024 Fundraising Target: $81,000 Receipts & Pledges to-date: $42,518
52%  
Woo hoo!! And we're now over 52%!! Thank you all very much!! God bless.

Keyword: shuanghui

Brevity: Headers | « Text »
  • U.S. lawmakers air concerns about Smithfield-Shuanghui deal

    06/08/2013 4:12:55 AM PDT · by Olog-hai · 14 replies
    Reuters ^ | Wed Jun 5, 2013 7:21pm EDT | Ros Krasny and Rachelle Younglai
    Chinese meat company Shuanghui International’s plans to buy U.S.-based pork producer Smithfield Foods Inc. has some lawmakers worried the deal could create food safety issues for U.S. consumers. Mostly silent after the deal was announced a week ago during a Congressional recess, lawmakers are taking a closer look. Senate Agriculture Committee Chairwoman Debbie Stabenow, Democrat of Michigan, said on Wednesday that federal agencies considering the merger “must take China’s and Shuanghui’s troubling track record on food safety into account.” … That concern stems from recent food safety issues at Shuanghui and in China. The company was forced to recall its...
  • Shuanghui buying Smithfield Foods for about $4.72B

    05/29/2013 6:36:26 AM PDT · by Red Badger · 50 replies
    www.myfoxny.com ^ | 05-29-2013 | By MICHAEL FELBERBAUM
    <p>RICHMOND, Va. - Chinese meat processor Shuanghui International Holdings Ltd. has agreed to buy Smithfield Foods Inc. for approximately $4.72 billion in a deal that will take the world's biggest pork producer private.</p> <p>Hong Kong-based Shuanghui owns a variety of global businesses that include food, logistics and flavoring products and is China's largest meat processing enterprise. Smithfield owns brands such as Armour, Farmland and its namesake.</p>