Caixin
Jul 16, 2014 07:18 PM

WH Group Hits out Against 'Defamatory' Accusations

(Hong Kong) – A subsidiary of leading Chinese meat processor WH Group Ltd., which acquired U.S. pork producer Smithfield Foods in September, issued a statement on July 15 rejecting allegations of their chairman being ill and the company suffering losses.

The episode comes at a time when WH Group, formerly known as Shuanghui International Holdings, is preparing to go public in Hong Kong.

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