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Chinese Cosmetics are Challenging International Giants
Sep 8, 2015While many domestic cosmetics brands are challenging international giants like L'Oreal and Estee Lauder in China, one brand is slowly encroaching on their home turf. Herborist, a herbal medicine-based cosmetics line owned by Shanghai ...
Tags: Cosmetics, Chinese Cosmetics
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Shuanghui International Is Seeking to Raise up to $6bn
Nov 8, 2013Shuanghui International, a Chinese food giant, is seeking to raise up to $6bn through an initial public offering (IPO) in Hong Kong in the second quarter of 2014. The Chinese firm recently acquired US-based hog and pork processor ...
Tags: Shuanghui International
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Shuanghui International Buys Smithfield Foods in an All-Cash Deal Valued at $7.1bn
Sep 29, 2013Shuanghui International has acquired a US pork processor Smithfield Foods in an all-cash deal valued at $7.1bn, which includes the assumption of net debt. The deal received approval from Smithfield's shareholders at a special meeting held ...
Tags: Shuanghui International, pork
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Smithfield Foods Announced That Its Shareholders Vote in Favor of Proposed Merger
Sep 26, 2013Smithfield Foods announced that its shareholders have voted in favor of proposed merger with China's Shuanghui International for $4.7bn, in a development which will be the largest ever takeover of a US company by a Chinese firm. At a ...
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Shuanghui International Is Hopeful of Closing The $4.7bn Acquisition of American Pork
Sep 18, 2013Shuanghui International, a Chinese food giant, is hopeful of closing the $4.7bn acquisition of American pork producer Smithfield Foods by 26 September 2013, following the approvals from the latter's stakeholders. The American producer has ...
Tags: Agriculture, Food, meat
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China's Shuanghui Announced That The CFIUS Has Approved Its Proposal
Sep 10, 2013China's Shuanghui International has announced that the Committee on Foreign Investment in the United States (CFIUS) has approved its proposal to acquire Smithfield Foods. Smithfield and Shuanghui International also received governmental ...
Tags: Smithfield Foods, Food
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Starboard Value LP Planned to Vote Against The Merger
Sep 5, 2013Investment fund Starboard Value LP, one of majority shareholders of the largest US pork producer Smithfield Foods (SFD), planned to vote against the merger between SFD and Shuanghui International Holding, said foreign sources. Starboard ...
Tags: Agriculture, shuanghui, Food, pork
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A Majority Shareholder Is Pressuring Smithfield Foods to Explore a Breakup
Jun 19, 2013A majority shareholder is pressuring Smithfield Foods, Inc. (NYSE:SFD) to explore a breakup rather than go ahead with a planned USD 4.7 billion takeover by Chinese meat company. Activist investor Starboard Value LP said in a letter to the ...
Tags: Agriculture, Food, meat company
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Smithfield Foods Reported a 62.6% Decline in Net Earnings to $29.7m for The Fourth Quarter
Jun 17, 2013US-based pork producer and processor Smithfield Foods has reported a 62.6% decline in net earnings to $29.7m for the fourth quarter of 2013, compared with $79.5m for the same period a year ago due to rise in feed costs and decline in hog ...
Tags: Smithfield Foods, Net Income
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The Lawyers of China and The US Questioned The Estimate of The Acquisition
Jun 3, 2013Although Shuanghui International and Smithfield Foods (SFD) cannot wait to release a joint acquisition announcement, the two parties have to face joint lawsuits by lawyers from China and the US due to the estimate was accused to be too low, ...
Tags: Shuanghui, Agriculture
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Cranswick to Reap Strategic Benefit From Merger of China's Meat Processor and Pig Producer
Jun 3, 2013UK meat firm Cranswick is likely to reap strategic benefit from the merger of China’s largest meat processor and pig producer, Shuanghui International, with the world’s largest pork processor North America’s Smithfield ...
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Shuanghui Buys US-Based Pork Producer and Processor Smithfield Foods
May 30, 2013Shuanghui International has agreed to acquire US-based pork producer and processor Smithfield Foods in an all-cash deal valued at $7.1bn, including the assumption of net debt. Shuanghui International is the majority shareholder of Henan ...
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Introducing Some Comprehensive Situation of Henan: Economy
Dec 13, 2012(i) GDP Data Henan, a big economic province in China, produced a total GDP of 1,053.52 billion yuan in 2005, which makes Henan Province the 5th province whose overall volume exceeds a trillion yuan. The structure of the three industries ...
Tags: Henan province, survey, economy, investment
