$RIBT China buys America’s largest pork processo
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Posted On: 07/20/2022 11:57:08 AM
$RIBT China buys America’s largest pork processor
Snippet:
"Last month China’s largest meat processor, Shuanghui International Holdings Ltd., agreed to pay USD $4.7 billion to acquire Smithfield Foods, Inc., the world’s largest hog farmer and processor. The deal is the biggest Chinese takeover of an American company in history."
https://www.pigprogress.net/pigs/china-buys-a...processor/
RIBT will have less food competition during shortages and BE MORE DESIRABLE AS A TAKEOVER CANDIDATE. I doubt they's sell here, but certainly worth a ton more then the current .3161.
Snippet:
"Last month China’s largest meat processor, Shuanghui International Holdings Ltd., agreed to pay USD $4.7 billion to acquire Smithfield Foods, Inc., the world’s largest hog farmer and processor. The deal is the biggest Chinese takeover of an American company in history."
https://www.pigprogress.net/pigs/china-buys-a...processor/
RIBT will have less food competition during shortages and BE MORE DESIRABLE AS A TAKEOVER CANDIDATE. I doubt they's sell here, but certainly worth a ton more then the current .3161.
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