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29.04.2014 22:13:00
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Smithfield Foods, Inc. -- Moody's: Cancellation of Smithfield parent IPO is credit negative but won't affect ratings
New York, April 29, 2014 -- In an issuer comment published today, Moody's Investors Service ("Moody's") said that the cancellation of the initial public offering (IPO) of WH Group (formerly Shuanghui International Holdings Ltd.) is slightly credit negative but will not affect the ratings or outlook of its wholly-owned subsidiary Smithfield Foods, Inc. ("Smithfield").
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