[lbo-talk] China's COFCO buys into leading US pork firm

uvj at vsnl.com uvj at vsnl.com
Wed Jul 2 13:55:11 PDT 2008


COFCO buys into leading US pork firm http://news.xinhuanet.com/english/2008-07/02/content_8473015.htm

www.chinaview.cn 2008-07-02

BEIJING, July 2 -- COFCO Ltd, China's largest national agricultural trading and food processing company, will buy a 4.95 percent stake in Smithfield Foods Inc, the largest pork producer in the US, mainly because it wishes to acquire the technology and management skills of the US company. http://news.xinhuanet.com/english/2008-07/02/content_8473015.htm



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