Marfrig Reported Making Progress on Assets Sale
date:Aug 28, 2012
rivate.

Marfrig is a well managed company with good products, the onlything that is stopping the stock from rising is debt, said CauePinheiro, an analyst at brokerage SLW Corretora. That's why aplan to reduce its leverage is welcome. Marfrig, whose productsinclude frozen dinners, chicken nuggets and hot dogs, is seekingto reduce debt after making 20 acquisitions in five years tocompete with Brasil Foods SA. In April, it concluded the sale ofEuropean and US assets to Illinois-based Martin-Brower
2/3 next page prev page home page last page
go back |  refresh |  WAP home |  Web page version  | login
06/23 03:09