Smithfield Dishes Up A Pork Stake

July 2008 | M&A News Alert

The US's largest pork producer, Smithfield Foods, has made a significant step in its efforts to expand outside the US. On June 30 it announced that state-owned COFCO Limited, China's largest national agriculture trading and processing company, will acquire a 4.95% stake in the company, granting Smithfield access to the enormous Chinese market.

If you would like to subscribe to Corporate Financing Week and gain instant access to this article, please click here to subscribe.

If you would like to take a trial to Corporate Financing Week please click on the trial link below.