BRF Brasil expects merger approval

- Last updated on GMT

Related tags: Brazil, Meat, Food processing

BRF Brasil Foods SA said it hopes to receive regulatory approval by the end of the second quarter to complete the merger of Perdigao SA and Sadia SA.

A top official from the food processing giant said it was already making preparations to ensure the smooth integration of the post-takeover operations.

"We are doing our homework so that in the moment we get approval we can move very quickly with the integration,"​ Luiz Fernando Furlan, BRF Brasil Foods co-chairman.

The company was created following the merger of food processors Perdigao and Sadia last year. BRF Brasil is a major producer and distributor of poultry, pork, beef, milk, and processed foods both in Brazil and abroad.

Related topics: Processing & Packaging

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