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China's on a global buying spree
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Tue Apr 15, 2014
Eckrich Makes Country Connection with Country Music Star Randy Houser
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Smithfield Foods Steps Up Sustainability Accountability and Transparency
Smithfield Foods, Inc. recently released its new "Smithfield DIGITAL" app in conjunction with its 2013 Integrated Report, which achieved a sustainability reporting milestone by fulfilling the application level A requirements from Global Reporting Initiative .
Snithfield Foods Parent Company WH Group To Issue IPO
SNITHFIELD FOODS PARENT COMPANY WH GROUP TO ISSUE IPO Apr. 15, 2014 BrownfieldAgNews reports: The world's biggest pork producer wants to raise some cash.
Mon Apr 14, 2014
The Miami Herald
Chinese pork giant plans IPO to raise up to $5.3B
Jeffrey Soffer, left, and his sister Jackie Soffer, right. Jeffrey is chairman and CEO and Jackie, principal, of the family owned Turnberry Associates, which owns the Fontainebleau Miami Beach, Aventura Mall, and Turnberry Isle Miami.
Two WH Group execs earn combined $600 mln in shares for Smithfield deal
WH Group Ltd's CEO and another top company executive have been awarded nearly $600 million worth of shares for helping the Chinese pork giant secure its $4.9 billion takeover of U.S.-based Smithfield Foods Inc last year, its preliminary prospectus showed.
Thu Apr 10, 2014
Chinese pork firm $5.3 bn IPO set to be...
Chinese pork producer WH Group hopes to raise more than $5 billion in what would be the world's biggest initial public offering for a year as it plans to list in Hong Kong, giving a boost to the city's IPO market.
Tue Apr 08, 2014
WH Group sets Hong Kong IPO valuation
The Chinese pork producer that bought Smithfield Foods Inc. is planning to sell its shares at a valuation of 15 times to 20.8 times its forecast earnings for its multibillion-dollar initial public offering in Hong Kong, said people familiar with the situation Wednesday, valuing WH Group at up to $21.2 billion.
Thu Apr 03, 2014
Kinston Free Press
Violations and waste
Stantonsburg Farm, at 2938 Sand Pit Road near Stantonsburg, is allegedly continuing to dispense contaminants into a blue line waterway leading into Contentnea Creek in Greene County, to wetlands adjacent to the Neuse River Basin and eventually the Neuse River.
Wed Apr 02, 2014
The Washington Post
China Buyers Unsated by U.S. Ham Means More Food Deals: Real M&A
After buying up everything from U.S. hogs to British breakfast cereals, China still has an appetite for food deals.
Tue Apr 01, 2014
Eckrich Goes Country with 'Operation Inspiration' Campaign
In efforts to bring awareness to the heroes behind our heroes, Eckrich will partner with the CMT Hot 20 Countdown to highlight and show appreciation for our military families during three special Operation Inspiration-themed episodes that will air throughout the summer in advance of and Labor Day.
Mon Mar 31, 2014
CHINA: Hong Kong "approves WH Group listing plan"
US: Smithfield "halts slaughter" at plant as PEDv outbreak deepens Smithfield Foods has reportedly been forced to suspend hog slaughter at a North Carolina facility due to an outbreak of Porcine Epidemic Diarrhea virus at the site as the disease continues to sweep the US swine herd.
Wall Street Journal
WH Group Seeks Up To $6 Billion From IPO
The Chinese pork producer that made headlines last year with the acquisition of Smithfield Foods Inc. started meeting investors Monday with plans to raise up to US$6 billion in its Hong Kong initial public offering, aimed at repaying the debt it took on to buy the Virginia-based company.
Sun Mar 30, 2014
The Motley Fool
China Trends Toward Milk, Soy, and Coffee Stocks
A Wall Street Journal article recently pointed out China's rising demand for milk.
Thu Mar 27, 2014
A quick call from Smithfield Foods
Smithfield Foods Inc. held a conference call at 7 a.m. Tuesday to review its latest earnings report.
Wed Mar 26, 2014
US hog operations are feeding more than a billion people's growing appetite for pork.
China is in the midst of a love affair with pork. Its consumption of the stuff has nearly doubled since 1993 and just keeps rising.
UPDATE 1-WH Group hires record 28 book-runners for up to $6 bln IPO - IFR
Chinese pork producer W.H. Group, which acquired U.S.-based Smithfield Foods last year, has hired 28 book runners for its planned $5-6 billion Hong Kong initial public offering, a record number for banks working on an Asian IPO, IFR reported.
Mon Mar 24, 2014
Russia to allow pork imports from Smithfield
Russia has announced it will allow U.S. pork imports from two plants of Smithfield Foods.
Fri Mar 21, 2014
Smithfield's earnings dip linked to sale
Smithfield Foods Inc. on Friday reported $87 million in income for the last eight months of 2013.