Brazil’s Regulator Delays Final Decision on Marfrig-BRF Deal

Brazil’s antitrust regulator delayed a final decision on beef supplier Marfrig Global Foods SA’s takeover of chicken producer BRF SA, further dragging out the completion of a deal that would create one of the world’s largest meat companies.

The move comes after one member of the nation’s regulator Cade, counselor Carlos Jacques Vieira Gomes, requested more time to submit a vote. The antitrust agency is formed by a total of six counselors, and five of them already voted in favor of giving approval.