China’s top butcher tries to sell US on takeover

Published June 6, 2013 10:55am ET



LUOHE, China (AP) — At an age when most Chinese executives are long retired, the country’s top hog butcher is taking on a daunting new job persuading Americans to allow him to complete China’s biggest takeover of a U.S. company.

Shuanghui International’s $4.7 billion bid for Smithfield Foods Ltd. has the endorsement of the American company’s board. But facing anxiety over food safety scandals in China and complaints about Chinese cyber spying, 72-year-old chairman Wan Long has launched a charm offensive to reassure Americans they have nothing to fear and possibly much to gain from the tie-up.

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.