Smithfield Foods, Inc. (SFD) announced that its wholly owned subsidiary, John Morrell & Co., acquired the remaining 49% interest in Premium Pet Health, LLC. Premium Pet Health is a protein by-product processor that supplies many of the leading pet food processors in the United States.
For comments and feedback contact: editorial@rttnews.com
June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.