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BRF
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Brazil’s BRF draws share pledges from Saudi Arabia’s Salic and Marfrig
BRAZIL-Saudi Agricultural and Livestock Investment Co. (SALIC) and Marfrig have each committed to purchasing 250 million shares in any “future primary” share offering by Brazilian…
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Nestlé refutes claims of bidding for BRF pet-food assets
BRAZIL- The owner of the Purina pet food brand, Nestle, has denied recent unsubstantiated claims that it tabled 1.7bn reais (US$330.1m) for the purchase of…
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BRF to divest pet-food operation following US$114.7 million quarter-four net loss
BRAZIL- According to a stock-exchange announcement on 28th February, Brazilian meat processor, BRF, plans to sell its pet-food business after registering a US$114.7 mln net…