Brazil’s BRF Bids for Major Stake in Kuwaiti Food Business
date:Aug 06, 2014
ss based on a total enterprise value of US$160 million. The acquisition will be made in accordance with local laws and regulations of the State of Kuwait.

In the food services channel, where Alyasra will continue to operate independently, the parties have agreed that BRF will become the exclusive supplier to Alyasra for the products of its portfolio.

BRF is strengthening its position in the State of Kuwait as part of a larger commitment to this market. This transaction is in line with BRFs str
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