Brazilian agribusiness giants Marfrig and BRF have formally requested approval from the Administrative Council for Economic Defense (Cade) to proceed with their merger. The combined entity will become a major player in the global food market, with a consolidated net revenue of 152 billion reais. This merger is expected to enhance the companies' competitive positioning against other global food industry leaders and expand Brazilian producers' access to international markets. Meanwhile, regulatory scrutiny is ongoing in Brazil, with Cade also reviewing a proposed merger between Petz and Cobasi, the country's two largest pet product and service retailers. In a related development, JBS, another leading meatpacker, recently marked a new phase by listing on the New York Stock Exchange, underscoring ongoing consolidation trends in the meatpacking and agribusiness sectors.
➡️ Marfrig e BRF pedem aprovação de fusão ao Cade Marfrig e BRF anunciaram a fusão de seus negócios, o que deu origem a um gigante com uma receita líquida consolidada de R$ 152 bilhões Leia: https://t.co/mH27Koacaj https://t.co/Joa5VDLujs
JBS/Irmãos Batista: listagem em Nova York marca novo capítulo para a empresa 👉🏻https://t.co/TVCxcJbUzg https://t.co/2zVjq9pff6
Marfrig (MRFG3) e BRF (BRFS3) pedem aprovação da fusão ao Cade https://t.co/FpW9g1EM9k