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Wednesday, September 25, 2013
Shuanghui International Successfully Acquired Smithfield
ANBOUND

The acquisition of U.S company Smithfield by Shuanghui International Holdings Limited has been finalized. Smithfield shareholders meeting have approved the acquisition plan on 24th September and the acquisition process is expected to complete by September 26. Anbound research team believes that this acquisition makes a milestone and important for the Chinese food security as well as internationalization of Chinese enterprises. Therefore, such acquisition should be well planned and arranged according to the national strategy.

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