Marfrig to Acquire BRF - LatinFinance

Marfrig to acquire BRF - LatinFinance

Brazilian meat processors agree an all-stock deal, sending Marfrig shares soaring The post Marfrig to acquire BRF appeared first on LatinFinance.

Find guidance and news about economics: investments, finance, business, career, stock exchange rates, currencies, economic indices and more...

Marfrig’s actions fired more than 17% this Saturday, after the company announced that it will incorporate the total BRF’s actions not stopped by the company, forming the BRF, a global company of meat and food processed with R$152 billion. The transaction provides for a replacement ratio of 0.8521 from the BRF for each BRF operation held, already considering a “maximum distribution” of income by companies, being R$2.5 billion by Murphy and R$3.5 …

For analysts, the combination of businesses can increase the global relevance of the companies and provide greater diversification in terms of structure.

Marfrig, BRF outlined plan for Brazil meat merger

Marfrig and BRF have proposed a plan for a merger, which would create a rival to fellow Brazil meat giant JBS but with much lower revenues.The post Marfrig, BRF outlined plan for Brazil meat merger appeared first on Just Food.

Marfrig moves to cap takeover of BRF

Marfrig moves to cap takeover of BRF Marfrig already owned just over 50% of BRF