Create a free Manufacturing.net account to continue

Inside Chinese Firm's Deal To Buy Smithfield Foods

Smithfield Foods, the world's largest pork producer, is being bought by Shuanghui. The price: almost $5 billion. If approved, it will be the largest takeover of an American company by a Chinese buyer. This is the latest in a string of American companies being purchased by China. So why this company -- and why now?

Smithfield Foods, the world's largest pork producer, is being bought by Shuanghui. The price: almost $5 billion. If approved, it will be the largest takeover of an American company by a Chinese buyer.

This is the latest in a string of American companies being purchased by China.

So why this company -- and why now?

Have any comments or questions about our video editions of MBT? Or do you have a video you'd like to see featured in one of our deployments? Email me at [email protected].


Check out all the latest videos on Manufacturing Business Technology here