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Marfrig acquires a quarter of the Brf shares

An operation of approximately 800 million dollars

The Brazilian meat company Marfrig has acquired a minority stake of 24% of the local competitor Brf. The shares were purchased for approximately $ 800 million, as confirmed by Reuters. Marfrig explained that the acquisition is part of the plan to diversify its portfolio "into a segment that is complementary to the business sector in which it operates". The Brazilian beef producer also added that it...

hef - 19124
San-Paŭlo, San Paolo, Brasile, 05/27/2021 11:40
EFA News - European Food Agency

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