Perdigao Acquisition of Eleva

In an offical announcement to the market Perdigao said that they have agreed to postpone the settlement date of the final acquisition of 23,170,156 shares, the issue of Eleva, to 2 January 2008.

The cost of the shares is about R$ 598.9 million (reais).

The original agreement had been set out and announced to the market on 30 October this year.

Originally the date set for the completeion of the acquisition was 21 December, however, Weng Wei Chang, the CFO of Perdigao and Claudio Santos, the CFO of Eleva, announced the delay to the acquisition on 26 December.

Sign up for our
regular news updates

Latest Poultry Industry News

•   BIRD FLU: India to Tackle Bird Flu on a War Footing
•   Deadline Today for Live Chicken Trade
•   AFBF: Conversations on Animal Care Initiative Launched
•   USDA Awards $5 million for Avian Influenza Research
•   Turkey Manure as Biomass for Feed Mill
•   Chicken Farmers React against Celebrity Chef Show
•   Farm Animal Disease Warnings
•   Pfizer Revenues Rise
•   Big Dutchman Anniversaries: Company Hosted 450 Guests from Around the World
•   New House for 150,000 Layers in Spain