BRF Seeking Mideast Growth Not Cut-Throat U.S.
date:Jun 17, 2014
ilgrims Pride Corp. and Tyson, he said. JBS later pulled out after Tyson offered $7.7 billion.

BRF has spent less than $500 million on acquisitions in Latin America and the Middle East since 2009 compared with JBSs $14 billion deal spree, according to data compiled by Bloomberg.

New Plant

Instead of big-ticket acquisitions like Hillshire, BRF is considering buying smaller, local food companies in the Middle East, Galeazzi said. BRF completed the $64.9 million purchase of Abu Dhabi-based Feder
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