Brazil's BRF announces acquisitions in Argentina, Thailand and Britain

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Brazil's BRF announces acquisitions in Argentina, Thailand and Britain

NEW YORK: -- Brazilian food giant BRF, the world's biggest poultry exporter, said in securities filings that it planned to invest around $496 million to acquire operations in Argentina, Thailand and Britain.

The company said in one filing late Tuesday that it had signed a binding offer for the acquisition of a full stake in Eclipse Holding Cooperatief, a Dutch company that controls Campo Austral, a group of firms with pork and cold-cuts operations in Argentina.

BRF said the offer was based on an enterprise value of $85 million.

Full story: http://latino.foxnews.com/latino/news/2015/12/02/brazil-brf-announces-acquisitions-in-argentina-thailand-and-britain/

-- FOX NEWS 2015-12-03