date:Jun 04, 2019
elevance in the Brazilian, US, Latin American, Middle Eastern and Asian markets. The new deal could present an opportunity to combine BRFs fresh poultry business a global player in chicken exports, and Marfrigs capacities in beef, which is second to meat processor JBS in global ranking through its acquisition of a majority stake in US-based National Beef Packing Company for US$969 million. The combined market cap of the two firms was BRL 27.8 billion (US$7 billion) at last Thursdays market clos