CROPS
Corn
Soybeans
Wheat
Canola
Field Guide
Pulse
Cotton
Hay & Forage
Horticulture
Yield Data Centre
LIVESTOCK
Swine
Beef
Dairy
Poultry
Equine
EQUIPMENT
Used Farm Equipment
Farm Equipment Dealers
Machinery News
Technology
Cool Tools
OTHER RESOURCES
Ag Industry News
Agriculture Apps
Agriculture Associations and Organizations
Business & Finance
COVID-19 Resources
Farm Auctions
Farm Energy
Farm Real Estate
Farm Safety
Farm Supplies
Farm Videos
Government & Policy
Mental Health
Precision Ag Conferences
Reflections on Farm & Food History
Rural Lifestyle
Weather
Farms.com Group Businesses
Media & Publishing
Advancing Women in Agriculture ConferenceAg Buyer's GuideAgConnectionAg & CountryAgriville.comAgSearch.com
Alberta Seed GuideBetter FarmingBetter PorkFarms.com Risk ManagementFarms.com Precision Agriculture Digital Digest
Seed ManitobaSeed WorldService Truck MagazineSmall Farm CanadaSpud Smart
Software & Services
Farms.com Professional ServicesPigCHAMP
Talent Solutions
AgCareers.comCareersInFoodCareersInGroceryDe Lacy ExecutiveFoodGradsGrasslands Recruitment Specialists
Farms.com Home  › Ag Industry News

Smithfield Shareholders Approve $7.1 B Deal

Smithfield Shareholders Approve $7.1 B Deal

By Amanda Brodhagen, Farms.com

Smithfield Foods Inc. shareholders voted Tuesday to approve a $4.7 billion deal, to China’s Shuanghui International Holdings Ltd. Shareholders accepted the $34 per share offer.

More than 96 percent of the votes were in favor of the purchase. This will mark the largest takeover of a U.S. company by a Chinese business.

The deal has already been approved by U.S. government. The transaction is expected to go through later this week.
 

Trending Video

Agricultural Leadership Starts with You

Video: Agricultural Leadership Starts with You

The Advanced Agricultural Leadership Program (AALP) is an experiential executive leadership program for those who want to shape the future of the agriculture and food industry and make a positive difference in rural communities across Ontario.

If you are looking to be inspired by change agents, to open your mind to seeing things differently and to discover what is next for you, join the Advanced Agricultural Leadership Program to become part of a network of catalysts driving the future of agriculture, food and rural communities.

 
Wynne Provides Update on Bee Issue, Still Waiting for Feds to Take Action
Wonder Bread Returns to U.S. Shelves

Business News by Better Farming

General News by Better Farming

Forums by Agriville.com

A real lobby effort results ›
Winter wheat harvest Highwood Montana ›
U.S. Midwest Corn Pollination is Widespread in 13+ U.S. States! ›
Rain lottery ›
Friday crop.report on a Thursday middle of July on ›
Current N pricing ›

Machinery News by Better Farming

SS400+ Road Show Update – Strong Momentum After Week Four
SS400+ Road Show Update – Strong Momentum After W... ›

Crop News by Better Farming

Rural councillors reject rezoning land for controversial battery energy storage system
Rural councillors reject rezoning land fo... ›

Livestock News by Better Farming

New marketing board possible for Ont. agriculture
New marketing board possible for Ont. agr... ›

Sponsored Links: 

Highest Yielding Soybeans,  PigCHAMP Grow-Finish,  Precision Agriculture,  Swine Reproduction Software
Subscribe to our Newsletters Download Farms.com Apps Advertise with us
This website uses tracking tools, including cookies. We use these technologies for a variety of reasons, including to recognize new and past website users, to customize your experience, perform analytics and deliver personalized advertising on our sites, apps and newsletters and across the Internet based on your interests.
You agree to our Privacy Policy and Terms of Access by clicking I agree.