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Provider: Reuters Investment Profile
Provider: Wright Reports
Provider: Wright Reports

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JBS SA and Marfrig Alimentos SA Conclude Sale of Seara Brasil Unit, Zenda Unit and Transfer of 64.57% Stake in Excelsior Alimentos SA

Tuesday, 1 Oct 2013 09:14am EDT 

Marfrig Alimentos SA (Marfrig) and JBS SA announced that on September 30, 2013 they concluded sale to JBS SA by Marfrig of a certain holding in the companies of Marfrig's group that hold Seara Brasil business unit (Seara Brasil) and a 100% stake in the company that holds leather business in the Marfrig's group in Uruguay (Zenda). They also completed transfer on September 30, 2013, to JBS SA of a 64.57% stake in the share capital of Excelsior Alimentos SA held, directly or indirectly, by Marfrig Alimentos SA. 

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