News & Analysis » India
Smithfield Foods Plans To Sell Turkey Interests - Quick Facts
September 10, 2010, Friday, 23:31 GMT | 18:31 EST | 04:01 IST | 06:31 SGT
(RTTNews) - Smithfield Foods Inc. (SFD) announced that its joint venture partner in Butterball, LLC has accepted Smithfield's offer to sell Smithfield's 49% interest in Butterball and its related turkey production assets.
Estimated net proceeds of the sale of about $175 million will be used to reduce debt. Closing for the sale is expected to occur prior to calendar year end.
Stock Market Forum
- Information about Stock trading - An Article
7 February 2012
- how do you find canada stocks to trade?
3 February 2012
- my stock to watch for tomorrow-CLD
3 February 2012
- Dynamic levels is all about showing the stock levels for last 12 years.
19 January 2012
- Bank of England Keeps Base Rate unaffected at 0.50%
13 January 2012
- Oil price rise fuels India's inflation
4 January 2012
- How to invest in stock market
27 December 2011
- Four Secrets to invest in Stock Market: Beginners Guide
27 December 2011
- Food inflation plunges to 4-year low of 1.81%
22 December 2011
- Nifty delete certain posts gains on GDP data
22 December 2011