US beef acquisition off the cards US beef acquisition off the cards 23-Feb-2009 By Jane Byrne Brazil's JBS, the world's largest beef producer, has abandoned its efforts to acquire US meat company National Beef Packing Company.
Processor to focus on packaged meat segment Processor to focus on packaged meat segment 18-Feb-2009 By staff reporter Pork processor Smithfield Foods is closing six plants and transferring production to other facilities in a move it claims will enable it to concentrate on growing its higher-margin packaged meat business.
Lawsuit filed to block US beef packer acquisition Lawsuit filed to block US beef packer acquisition 21-Oct-2008 By Jane Byrne The US Department of Justice (DOJ) has filed a lawsuit to stop the country's third and fourth largest beef packers from merging.
Smithfield profits down as investments are set to mature Smithfield profits down as investments are set to mature 24-Aug-2006 By Sean Roach Smithfield Foods has taken a major beating in its fiscal first quarter, with profits dropping 50 per cent after acquiring a foothold in Europe.