Shuanghui plans "global expansion" after Smithfield buy

Once its $4.7 billion purchase of Smithfield Foods is complete, Shuanghui International will ramp up pork exports from the U.S., the company said. "For this acquisition, we have one guiding principle: to accelerate Smithfield's global expansion," said Chairman Wan Long. "We will provide better organization and distribution of Smithfield's products to all parts of the world."

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