date:Jun 04, 2013
ould compel the company's rivals, such as Tyson Foods Inc, to look for mergers to bolster their global presence, especially in China. Everybody's afraid that [Smithfield] has discovered some magic sauce, and that they are going to be left in the dust, Swanson told the Journal. It's not unreasonable to expect that the next Chinese forays into the US food industry could target acquisitions in the beef or dairy products sectors, analysts say.
Whether or not this one wins regulatory approval, it's