Shuanghui International Holdings, the mainland firm that bought the world’s biggest pork supplier this year, plans to seek as much as HK$46 billion [US$5.93 billion] in an initial public offering in Hong Kong. BOC International Holdings, CITIC Securities, Goldman Sachs Group, Morgan Stanley, Standard Chartered (2888) and UBS are working on the share sale…Full-text article: The Standard Nov 2013

Key point

  • In September 2013, Shuanghui acquired Smithfield Foods (U.S. pork producer and processor) for HK$36.7 billion (~US$4.7 billion).

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