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Re: SaltyMutt post# 10223

Wednesday, 07/20/2022 11:51:20 AM

Wednesday, July 20, 2022 11:51:20 AM

Post# of 10951
$RIBT China buys America’s largest pork processor

Snippet:
"Last month China’s largest meat processor, Shuanghui International Holdings Ltd., agreed to pay USD $4.7 billion to acquire Smithfield Foods, Inc., the world’s largest hog farmer and processor. The deal is the biggest Chinese takeover of an American company in history."

https://www.pigprogress.net/pigs/china-buys-americas-largest-pork-processor/

RIBT will have less food competition during shortages and BE MORE DESIRABLE AS A TAKEOVER CANDIDATE. I doubt they's sell here, but certainly worth a ton more then the current .3161.

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