date:Jun 17, 2014
ho was appointed in August by billionaire Chairman Abilio Diniz with the mission of increasing BRFs presence overseas, said June 11. We have many other opportunities elsewhere rather than going there and digesting a very large acquisition.
Under Galeazzi, BRF has cut thousands of jobs, closed offices and is selling assets to prepare for delivering on growth promises. BRF reviewed Hillshire Brands Co. in February before the Chicago-based company became the subject of a bidding war between JBSs P