November 28, 2019
Brazil's Marfrig has admitted that it is studying a follow-on offering after local press reports said the meat company had hired banks to arrange the sale of BRL2 billion ($469 million) in shares.
"The company clarifies that it is evaluating a potential follow-on offering and started discussions with a few advisors, including investment banks," Marfrig said in a statement in response to questions from the B3 stock exchange. "At this moment, however, there is no definition or corporate approval f
Brazilian meatpacker is studying a follow-on offering after press reports say it has hired three banks to arrange a $470 mln deal