U.S. government extends review of Smithfield sale to Chinese firm
WASHINGTON, July 24
WASHINGTON, July 24 (Reuters) - The U.S. government has decided to take an additional 45 days to review a Chinese company's plan to purchase Smithfield Foods, the world's largest pork producer, the Virginia-based company said on Wednesday in a statement.
"Smithfield and Shuanghui International remain committed to working cooperatively with CFIUS (Committee on Foreign Investment in the United States) throughout the process," Smithfield said.
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