Wednesday, December 19, 2018

BRF sells another operation in Argentina, mount Fidc operations with clients

The food company BRF reported on Wednesday that made a deal to sell the unit, in Argentina, by Avex 50 million dollars, within the own brands Sadia and Perdigao to raise 5 billion dollars with sales of assets by the end of this year. The company announced that it has completed the installation of a investmiento Fund Fund (Fidc), initial distribution of 875 million reals in shares. The Fidc aims to acquire receivables originated from commercial operations carried out with customers in Brazil. With that, the company said that the restructuring goal of 5 billion reais, already got about of 1.9 billion. Earlier this month, the BRF sold 822 million dollars in assets, including argentina, Quickfood for Marfrig brazilian.
DCI - 19/12/2018 News Item translated automatically
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