Smithfield is a meat-producing empire whose operations extend from raising pigs to processing them into ham and pork products for an array of customers. Smithfield’s suitor, Shuanghui International, featured prominently in a scandal involving tainted Chinese pork two years ago.
Just a couple things to remember:
1. This means Smithfield pork and ham is going to China from here, not the other way around.
2. Everything's gonna be fine.