Tags: Shuanghui International Holdings

Mexico's Sigma, China's Shuanghui share ownership of Spanish meat processor Campofrio in a deal worth $957M

Sigma Alimentos and Shuanghui International Holdings on Monday agreed to share ownership of Spanish canned ham and hotdog processor Campofrio Food Group SA. The co-ownership deal is worth $957 million.


China's Shuanghui to fight for control over Campofrio

Hong Kong-based Shuanghui International Holdings intends to offer a counter bid for Spanish meat processor Campofrio. Mexican food company Sigma Alimentos earlier offered Campofrio a takeover deal worth EUR695 million.

Top deals of the day - bids, mergers and acquisitions

The following bids, mergers, acquisitions and disposals were reported on Wednesday including Sinopec, Apache, AMR, US Airways, Deutsche Bank, EDF, Oxford, Andor, Bank Zachodni WBK, Shuanghui, Campofrio, OCZ, Toshiba and CVS Caremark.

Shuanghui taps Goldman Sachs, Morgan Stanley, other banks in preparation for USD6 billion IPO

Thomson Reuters publication IFR earlier reported that Morgan Stanley, Goldman Sachs and Standard Chartered were among the banks hired by Shuanghui International Holdings in its upcoming IPO.


Latest News

According to a Reuters report, the US government would likely give its approval for the Smithfield Food Corp. and Shuanghui International Holdings USD4.7 billion deal.
A Thailand based trader was ordered to pay USD5.2 million to settle civil charges filed against him for publicly trading call options and single stock futures before the announced acquisition plan of Shuanghui International Holdings for Smithfield Foods Corp.
According to activist hedge fund Starboard Value, there had been several investors who were willing to pay more for Smithfield Foods than the offered price of China's Shuanghui International Holdings.
US investment firm Starboard Value LP voiced his opposition of the Smithfield Foods Inc.'s takeover bid by Shuanghui International Holdings Ltd. in a letter addressed to his co-shareholders on Tuesday.
The China-based holdings company intends a Hong Kong IPO once the deal with the US pork producer is completed.
The acquisition of Smithfield Foods Inc. by a Chinese company has raised contradictions in the US over its benefits.
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