Deals
Tyson Is Close to Buying Nugget Maker Keystone Foods
- Brazil’s Marfrig is selling Keystone to help pay for U.S. deal
- Tyson is said to be in exclusive talks about potential deal
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Tyson Foods Inc. is close to acquiring Keystone Foods LLC, a U.S. supplier of chicken nuggets to McDonald’s Corp., according to two people familiar with the matter.
Tyson is in exclusive talks with Keystone’s owner, Brazil’s Marfrig Global Foods SA, said the people, who asked not to be named because the discussions are private. Representatives of Marfrig and Springdale, Arkansas-based Tyson declined to comment on the talks.