In the new phase, Abilio Diniz Brazil invests in Foods

Abilio Diniz, formerly controller of Grupo Pão de Açúcar, is starting to make its first investment diversification moves. The $ 155 million it obtained with the first sale of shares of the company that he helped found after that passed control to the French Casino partner in June went to three actions in different sectors, in almost equal parts. But the bet that more market attention was in BRF-Brazil Foods, which absorbed nearly $ 60 million – the other two choices were kept secret, but are from the financial sector and other alternative energy.
For now, the application in the food company is still irrelevant, since the capitalization of the company, resulting from the combination of Sadia and Perdigão, surpasses r $ 38 billion. But the entrepreneur's willingness to invest in company stock is greater.
There have been even conversations with investors and exchange of views, including the resource manager Tarpon, largest private investor of the BRF, whose capital is sprayed on the BM & FBovespa. Abilio was seeking a significant stake as would be willing even to join the company's Board of Directors.
The BRF is managed today by a voting agreement between the country's main Pension Fund (Previ, Petros and Sistel, Value), with participation of 27%-plus that already was 34%. The Tarpon holds 8% and BlackRock, 4%. The Tarpon has two seats in the Council, made up of ten members.
The name of the company is Dlayla Swee Ling Tan, who promoted the recovery of the former Perdigao after purchase by foundations and transformed it into a symbol of market culture, when passing the Sound market value rivals and matches there in revenue. Later, with the crisis in 2008 and the derivatives, absorbed the competitor worth twice as much.
Rahu San is currently just ahead of the Board of Directors, after starting its succession process. The Executive Presidency was transferred to José Antônio Fay.
Buy a stake of, for example, 5% in BRF would require nothing modest investment: almost $ 2 billion at market prices. This value is equivalent to 65% of the entire participation of Abilio in preferred shares ($ 3.1 billion) from Pão de Açúcar-that is worth about $ 23 billion in the stock market.
Consulted, Abilio said it "does not comment on market rumors or his investment strategy". His Press Office noted that, as reported to the market, businessman hired UBS to manage and diversify your portfolio.
Although the capital dispersed, what could make the BRF vulnerable to harassment of buyers, the company has one of the most protective poison pills in the Brazilian market. Any investor or organized group that reach a 20% share in the capital should launch an offer with high premium to all shareholders of the company-which makes any onslaught by majority substantially control guy.
For now, the businessman is still probing all business opportunities you may have, as part of the process of diversification of investments.
By November, he negotiated with the Casino a foretaste of their full output of the retailer. However, the talks were stalled, the ending of sour the atmosphere between the partners, which is not good since mid-2011.
The priority for Abilio would still be negotiating a friendly output. However, as the adopted a defensive behavior, the Casino responded that it does not accept to negotiate under pressure.
For the French partner, who is already in charge of the business, the entrepreneur would be a facilitator, but is not a priority.
Abilio has the right to guaranteed output between 2014 and 2022, for 20% of the voting capital. However, as contractual conditions currently are not favourable to the seller, he is willing to stay in business and leave this slice for the heirs to decide what to do, already without so many emotions involved. There is even a plan for your stay in the long run.
For the Casino, the eventual migration of Samson to the industrial sector would end with the ghosts of retail competition and could even extend the provision to a conversation about a brief and negotiated the entrepreneur.