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WH Group Announces Sale of Campofrio Stake for US$354 Million

WH Group Announces Sale of Campofrio Stake for US$354 Million

HONG KONG, Jun. 3 (Korea Bizwire) — Smithfield Foods, Inc. (“Smithfield”), a wholly owned subsidiary of WH Group Limited (“WH Group”) (HKEX:288), today announced the sale of its entire equity interest in Campofrio to Alfa for $354 million in cash. The sale represents approximately 37% of the entire issued share capital of Campofrio. “This transaction [...]