SÃO PAULO — The merger proposal between Marfrig Global Foods SA and BRF SA was approved by the Administrative Council for Economic Defense (CADE).
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The Brazilian antitrust authority approved the transaction without any restrictions on September 5, confirming a previous decision by the General Superintendence (SG). Marfrig revealed its plans to merge with BRF in May 2025 and submitted the transaction for review to the regulatory authority at that time. According to the agreement, Marfrig would acquire all BRF shares not currently under its control. In return, the shareholders of the acquired company would receive Marfrig shares. The two companies would become a single entity called MBRF Global Foods Company SA. The SG/CADE considers that the merger does not pose a risk to competition. Marfrig, a global meat company based in Brazil, focuses on the production of high value-added animal protein-based foods (mainly beef), including hamburgers and other ready-to-eat products. Food manufacturer BRF operates in the breeding, production, and slaughter of pork and poultry, as well as in the processing, marketing, and distribution of ...