date:Jun 04, 2019
Brazilian heavyweight meatpackers Marfrig Global Foods and BRF are reportedly discussing a possible tie-up. This would allow the companies to create a world leader in the protein market with wide geographical and product diversification, according to separate filings. The potential merger may include the consolidation of assets and shares in a new company, though no structure has yet been defined, the deal notes. Under the new deal, shareholders of BRF would assume 85 percent equity ownership an