Did China Buy Smithfield. Smithfield became a subsidiary of the publicly traded chinese corporation after the committee on foreign investment in the united states (cfius) said the acquisition would not endanger national security. While chinese land ownership in the u.s.
The $4.7 billion deal is the biggest chinese acquisition of a u.s. Darden wasn’t the only nervous one. Smithfield was also in line to receive money from the program, which was created to help u.s.
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For the british, hot dog is a way of. Smithfield became a subsidiary of the publicly traded chinese corporation after the committee on foreign investment in the united states (cfius) said the acquisition would not endanger national security. In september 2013 smithfield foods was acquired by china’s biggest meat processor, shuanghui international holdings, in the largest acquisition ever of a u.s. An exchange of debt was also included.