Smithfield Foods To Acquire Sara Lee’s European Meats Business

EU - Smithfield, Virginia (June 27, 2006)—Smithfield Foods, Inc. (NYSE: SFD) today announced that it has signed a purchase agreement to acquire the European meats business of Sara Lee Corporation (NYSE: SLE) for $575 million, plus the assumption of pension-related liabilities in an amount not to exceed $39 million.
calendar icon 6 July 2006
clock icon 2 minute read
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