BRAZIL-Saudi Agricultural and Livestock Investment Co. (SALIC) and Marfrig have each committed to purchasing 250 million shares in any “future primary” share offering by Brazilian meat giant BRF. BRF has a potential US$900 million stock offering and these two players will be taking up the majority of this offering. SALIC, which was formed in 2011 to secure food supplies for…
Read MoreBrazil’s BRF draws share pledges from Saudi Arabia’s Salic and Marfrig
