Tuesday, August 20, 2019

BRF leaves participation in Minerva's shares

The owner of the brands Sadia and Perdigão, Brazil Foods (BRF), reduced to zero its shareholding position at Minerva Foods. During the third quarter, BRF sold more than 8 million of Minerva's shares, which represents approximately 2% of the capital. Until 2018, BRF maintained a shareholders ' agreement with the VDO, a holding company of Minerva. The partnership came from the beginning of 2014, when BRF sold two bovine slaughterhouses to Minerva in Mato Grosso, in exchange for 29 million shares.
Giro News - 19/08/2019 News Item translated automatically
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