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STXNEWS LATAM-Brazil's BRF concludes Alyasra foods distribution deal

Brazilian food company BRF SA concluded a deal to acquire 75 percent of Alyasra Foods’ frozen-food distribution business in Kuwait, according to a filing on Friday.

The deal, announced in August, is valued at $160 million, BRF said, and is in line with the company’s strategy of expanding in the Middle East.

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