May 15, 2018 / 1:29 PM / in 2 months

Brazil's Marfrig gets funding to pay for National Beef - filing

SAO PAULO, May 15 (Reuters) - The board of Brazil’s Marfrig Global Foods SA authorized the company on Tuesday to get a loan of up to $900 million to finance the acquisition of U.S.-based National Beef Packing Company LLC.

The acquisition was announced on April 9, for $969 million. (Reporting by Tatiana Bautzer Editing by Chizu Nomiyama)

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