China’s Shuanghui on the Brink of Acquiring the World’s Largest Pork Producer and Processer

The United States and China must continue to build mutual trust and respect to keep deals like Shuanghui International’s proposed purchase of US pork giant Smithfield Foods Inc flowing, analysts said. The historic, $4.7 billion acquisition appears certain to win the backing of Smithfield shareholders Tuesday after Starboard Value LP, a dissident 5.7 percent stakeholder,