Allen & Overy (A&O) and Paul Hastings took lead roles as China's Shuanghui secured $4bn (£2.56bn) in debt finance for its takeover of the world's largest pork producer. The Hong Kong meat processing giant, which offered to buy Virginia-based Smithfield Foods for a price of $7.1bn (£4.7bn) earlier this year, said it had entered into a facilities agreement with a group of banks which would allow it to raise funds for the acquisition.
September 05, 2013 at 12:19 AM
1 minute read
The original version of this story was published on Legalweek
Allen & Overy (A&O) and Paul Hastings took lead roles as China’s Shuanghui secured $4bn (£2.56bn) in debt finance for its takeover of the world’s largest pork producer.
The Hong Kong meat processing giant, which offered to buy Virginia-based Smithfield Foods for a price of $7.1bn (£4.7bn) earlier this year, said it had entered into a facilities agreement with a group of banks which would allow it to raise funds for the acquisition.
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