Brazil's BRF and Saudi Arabia's PIF to create poultry joint venture

BRF will hold a 70% stake in the venture
calendar icon 13 January 2022
clock icon 3 minute read

BRF said it will hold a 70% stake in the joint venture, while the Public Investment Fund will have the remaining 30%. The deal includes an investment of about $350 million, the Brazilian company added in a securities filing.

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