Brazilian food processor Brasil Foods has approved the delisting of the shares of its subsidiary Sadia.
Brasil Foods was created earlier this year through a merger of Brazil's two largest meat packers, Perdigao and Sadia.
Perdigao shareholders control 68% of the new entity and Sadia operates as a 100% owned subsidiary of BRF.
The merger is still pending the approval of the Brazilian anti-trust commission.
Sectors: Meat & poultry, Seafood
Companies: Perdigao
View next/previous articles
6 Nov 2009 -
6 Nov 2009 -
Currently reading -
BRAZIL: Brasil Foods approves delisting of Sadia shares
Related research
Chilled Food in Latin America to 2011
This databook is a detailed information resource covering all the key data points on Chilled Food in Latin America. It includes comprehensive value volume segmentation and market share data. The databook supplies actual data to 2006 and full forecas...
Frozen Food in Morocco to 2011
This databook is a detailed information resource covering all the key data points on Frozen Food in Morocco. It includes comprehensive value volume segmentation and market share data. The databook supplies actual data to 2006 and full forecasts to 20...
Chilled Food in Brazil to 2011
This databook is a detailed information resource covering all the key data points on Chilled Food in Brazil. It includes comprehensive value volume segmentation and market share data. The databook supplies actual data to 2006 and full forecasts to 20...
Related articles
BRAZIL: Brasil Foods swings to profit, exports down
Brasil Foods has swung to a 2009 net profit but saw its exports drop 14% for the year as an "adverse international scenario" triggered a decline in prices and volume.
There are currently no comments on this article
Be the first to comment on this article