M&As
Meatpackers BRF and Marfrig closer to completing merger
BRF plant in Abu Dhabi. Brazilian meatpackers are major producers of Halal food — which respects Islamic Law. Photo: Marcelo Camargo/EBC
Brazil’s antitrust watchdog CADE is set to review the proposed merger between meatpackers BRF and Marfrig at a meeting scheduled for Wednesday. Market analysts widely expect the deal to be cleared, paving the way for the creation of a new conglomerate: MBRF Global Foods Company.
Earlier this month, shareholders of both companies approved the transaction, after minority investors raised concerns around …
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