Brazil’s BRF Is Said to Pick Morgan Stanley, BofA for Sadia IPOBy and
Processed-food maker said to eye London, Dubai for listing
Sadia Halal unit may be valued at about $5 billion in sale
BRF SA, Brazil’s biggest processed-food maker, is working with Morgan Stanley and Bank of America Corp. on a planned initial public offering of its Sadia Halal unit, according to people familiar with the matter.
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