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COFCO buys into leading US pork firm

By Tuo Yannan | China Daily | Updated: 2008-07-02 07:47

COFCO buys into leading US pork firm

A COFCO booth at a food expo in Beijing. Nan Shan

COFCO Ltd, China's largest national agricultural trading and food processing company, will buy a 4.95 percent stake in Smithfield Foods Inc, the largest pork producer in the US, mainly because it wishes to acquire the technology and management skills of the US company.

COFCO buys into leading US pork firm

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