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BRF in talks to sell pet food business, Bloomberg reports
The Fly

BRF in talks to sell pet food business, Bloomberg reports

BRF SA (BRFS) is in discussions to sell its pet food business to raise cash amid a revamp, Bloomberg’ Tatiana Freitas, Cristiane Lucchesi, and Vinicius Andrade report, citing people with knowledge of the matter. The Brazilian poultry giant is working with Santander’s (SAN) Brazilian division to sell the business for roughly $384M, the authors note. Reference Link

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