Marfrig plans to acquire BRF, creating new company MBRF, with shares rising for both companies.

From Yahoo Finance: 2025-05-15 18:21:00

Brazilian beef processor Marfrig has announced a plan to acquire poultry and pork processor BRF, with intentions to eventually list shares of the combined entity in the US. The deal involves a share swap, creating a new company called MBRF. Annual synergies of 805 million reais ($142 million) are expected, with shareholder vote set for June 18. Both companies saw their shares rise in Sao Paulo trading, with BRF up 4.78% and Marfrig up 4.34%. ($1 = 5.6817 reais)



Read more at Yahoo Finance: Brazil’s Marfrig moves to cap takeover of BRF, combining as MBRF