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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation, Financials

China food producer Shuanghui, partly owned by Temasek, hires banks for IPO

Posted on 06 November 2013

China’s Shuanghui International Holdings, which bought US pork producer Smithfield Foods this year, has hired six banks for a Hong Kong IPO, seeking to raise up to US$6 billion (S$7.5 billion) in what is set to be Asia’s Pacific ex-Japan’s largest offering in about four years.
Shuanghui, which counts Goldman Sachs, Singapore state investor Temasek Holdings and private equity firm New Horizons as its shareholders, owns Shenzhen-listed Henan Shuanghui Investment & Development Co, China’s largest meat processing company………………………………………..Full Article: Source


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