M&A Partner Quoted on Smithfield Acquisition


Harry Clark, head of Orrick’s International Trade and Compliance Group, recently spoke with Law360 about Shuanghui International Holdings Ltd. upsizing its debt offering to help support its $7.1 billion acquisition of Smithfield Foods Inc.

Clark commented that Shuanghui isn't owned by the Chinese government, which has long been a key issue for CFIUS. And while a stable food supply does fall within the committee's authority, "it's awfully hard to see a true national security problem lurking here.”