Brazil’s BRF Is Said to Pick Morgan Stanley, BofA for Sadia IPO

  • 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.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.