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Chinese Pork Producer Planning Giant IPO
Wednesday, November 6, 2013 - 4:20pm | 159The world's largest hog processor, Shuanghui International Holdings, is planning an IPO of up to $6 billion in Hong Kong. Shuanghui made headlines earlier this year by buying America's biggest pork products maker, Smithfield Foods, for $4.7 billion. Analysts think that Shuanghui needs the money to...