BRF SA ( (BRFS) ) has issued an announcement.
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BRF S.A. has announced that its subsidiary, MBR Investimentos Ltda., has signed a term sheet to acquire 50% of Gelprime Indústria e Comércio de Produtos Alimentos Ltda. for R$ 312.5 million. This acquisition aligns with BRF’s strategy to increase participation in value-added products, enhancing both profitability and business diversification. The transaction is contingent upon final document negotiations and regulatory approval.
More about BRF SA
BRF S.A. operates in the food industry, primarily focusing on the production and distribution of animal-based food products. The company is known for its value-added products and aims to expand its market presence and profitability through strategic acquisitions.
YTD Price Performance: 68.71%
Average Trading Volume: 2,455,300
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $7.74B
Find detailed analytics on BRFS stock on TipRanks’ Stock Analysis page.
