Brazil’s MBRF Closes $2.07 Billion Sadia Halal Deal With Saudi Fund

Key Points —MBRF and Saudi Arabia’s Halal Products Development Company announced the closing of the Sadia Halal joint venture on Sunday evening, valuing the new company at roughly 2.07 billion dollars. —MBRF holds 90 percent of Sadia Halal at closing and the Saudi sovereign-fund subsidiary holds 10 percent, with a path to lift the Saudi […] The post Brazil’s MBRF Closes $2.07 Billion Sadia Halal Deal With Saudi Fund appeared first on The Rio Times .

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