Minerva Foods Concludes Marfrig Assets Purchase for $1 Billion

Minerva Foods (BEEF3) has successfully concluded a major phase of its acquisition of Marfrig’s (MRFG3) assets. The deal, valued at R$ 5.68 billion ($1.01 billion), significantly boosts Minerva’s position in the South American meat industry. This transaction increases Minerva’s daily processing capacity to 41,789 cattle and 25,716 sheep. The acquisition includes 13 new industrial units […]

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