Consumer
Meat Firm Marfrig Makes Offer for Remaining BRF Stake
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Marfrig Global Foods SA, a leading Brazilian meat producer, agreed to acquire the shares it doesn’t already own in the country’s top chicken firm, BRF SA.
Marfrig is offering 0.8521 of its shares for each BRF share, the companies said in a statement. BRF investors will also have the option to receive as much as 19.89 reais ($3.50) apiece as payment.