December 5, 2018 |
Brazil's BRF expects to earn BRL3bn ($779m) from the sale of non-core assets in Argentina, Great Britain, the Netherlands and Thailand before the end of the year, an investor relations representative from the firm told LatinFinance.
"Many companies have expressed an interest," Thiago Tsuda said, declining to confirm press reports that the Brazilian beef producer Marfrig had made an offer to buy BRF's cattle business in Argentina and its hamburger production facilities in Brazil.
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Brazilian meat company expects to earn $780m from the sales of businesses in Argentina, Great Britain, the Netherlands and Thailand by the end of the year