Marfrig Ups Stake in BRF As Top Shareholder

Marfrig Ups Stake in BRF As Top Shareholder

Brazil’s beef producer Marfrig Global Foods SA bought a 24% stake in the world’s largest poultry exporter BRF SA for about $800mn, becoming its major shareholder, with the aim of diversifying its investments. This comes after the two companies failed at merger...
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