Mergers & Acquisitions
May 30, 2013
Four firms guide largest-ever Chinese acquisition of U.S. company
A quartet of stateside law firms orchestrated the largest-ever Chinese acquisition of a U.S. company - the $7.1 billion purchase of Smithfield, Va.-based pork processing giant Smithfield Foods Inc.
Daily Journal Staff Writer
A quartet of U.S. law firms orchestrated the largest-ever Chinese acquisition of a U.S. company: the $7.1 billion purchase of Virginia-based pork processing giant Smithfield Foods Inc. by Shuanghui International Holdings Ltd., a deal announced Wednesday.
Per terms of the agreement, Shuanghui will pay Smithfield shareholders $34 per share - or approximately $4.7 billion, a 31 percent premium on Tues...
To continue reading, please subscribe.
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
For only $95 a month (the price of 2 article purchases)
Receive unlimited article access and full access to our archives,
Daily Appellate Report, award winning columns, and our
Verdicts and Settlements.
Or
$795 for an entire year!
Or access this article for $45
(Purchase provides 7-day access to this article. Printing, posting or downloading is not allowed.)
Already a subscriber?
Sign In