The company that made Smithfield “the ham capital of the world” will become a subsidiary of a China-based food giant in a planned $7.1 billion deal, the largest-ever acquisition of ...

Smithfield Foods reported $224 million in first-quarter profit, up about 44% from $156 million last year. First-quarter sales were up 9.5% from $3.4 billion last year to $3.8 billion this year.

Smithfield Foods had been publicly traded until about 12 years ago, when it was taken private by Hong Kong's WH Group Ltd. (HK:288), which continues to own a majority of the company.

Smithfield Foods also said it would transfer some of its hog farming operations to a venture controlled by Murphy Family Ventures in North Carolina, Bloomberg reported earlier in December. According ...

Smithfield Foods was the top shipper this summer, sending at least 17.6 million kilograms of pork to China between June and September, according to Panjiva, a division of S&P Global Market ...

A sculpture adorns Smithfield Foods' hog slaughterhouse in Smithfield, Virginia, U.S. October 17, 2019. Picture taken October 17, 2019. REUTERS/Tom Polansek/File photo Purchase Licensing Rights ...