Brazil’s $2.6 Billion Meat Takeover Gets Antitrust Approval

Brazil’s antitrust regulator gave final approval to beef supplier Marfrig Global Foods SA’s $2.6 billion takeover of chicken producer BRF SA, paving the way for the creation of one of the world’s largest meat companies.

BRF shareholders approved the Marfrig takeover last month, but the regulator known as Cade delayed a final decision after one member requested more time to submit a vote. The agency’s five other counselors had already voted in favor of the deal, and on Friday the remaining official gave his full approval during an extraordinary session.