China's WH Group to Buy Romanian Meat Producers in Europe Push

The world's largest pork supplier WH Group Ltd said on Tuesday its Smithfield Foods Inc unit would buy two packaged meats manufacturers in Romania, further expanding the Chinese group's operations in Europe, nytimes.com reads quoting Reuters source. U.S.-based Smithfield has agreed to buy a 100 percent stake in Elit SRL and Vericom SRL for an undisclosed sum, the Chinese pork producer said in a filing to the Hong Kong ...

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