Chinese pork giant returns to U.S. trough with second big purchase
"Leading Chinese pork producer WH Group announced it will buy top California pork processor Clougherty Packing LLC for $145 million, but observers said on Wednesday the deal could face political and protectionist obstacles." Previously known as Shuanghui, WH Group bought Smithfield Foods in 2013 for $4.7 billion.
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Feb 24, 2017