BRF Seeking Mideast Growth Not Cut-Throat U.S.
date:Jun 17, 2014
also willing to sell its dairy unit, which generates about 2 billion reais in sales and is not the focus of the company, he said.

Overly Bullish

BRF shares rallied to a record on Sep. 11, a month after Galeazzi's appointment, and have fallen about 11 percent since.

The market was overly bullish about the change in management, he said. It takes time to implement the changes and capture all the synergies.

Galeazzi has been focusing on building BRFs cash position, which stands at about 4 billi
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