Smithfield Foods – Shuanghui International: The biggest Chinese acquisition that isn't
- Caijing
- 03 June 2013
A Chinese company isn’t buying Smithfield. A shell company based in Cayman Islands is. Instead of a story about “China buying up the world”, this turns out to be a story of a precarious leveraged buyout deal by some large global private equity firms looking to borrow their way to a fortune.


