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Tyson Foods($TSN-1.6%) wants to sell its Chinese poultry business
US meat processing and frozen food company Tyson Foods plans to sell its Chinese poultry business. This was reported by Reuters.
$TSN-1.6% has four research and development centers, several processing plants and dozens of breeding farms in China. It has been operating in the country's entire poultry sector, from...
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Tyson Foods is an American company that operates in the food industry. This company is the world's second largest processor and marketer of chicken, beef, and pork ( JBS S.A is the number one ). I have been looking at this company recently and I have to say that the company's fundamentals are stable and fairly solid. Shares of $TSN-1.6% are down over 10% for this year and it...
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Well, that's interesting news. If this helps reduce the company's debt and the company focuses on its core markets, that's great. I have this stock on my watchlist and will continue to follow it.