Marfrig, BRF shareholders approve merger deal
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FILE PHOTO: A worker walks at a unit of BRF S.A., a food manufacturing company, in the city of Lajeado, Rio Grande do Sul, Brazil, March 27, 2025. REUTERS/Diego Vara/File Photo
SAO PAULO (Reuters) -Shareholders in Marfrig and BRF approved on Tuesday the proposed merger between the two Brazilian food processors, the firms said in a joint securities filing.
The approval placed the deal one step closer to completion, although it still lacks necessary regulatory approvals.
The firms announced in May a plan for Marfrig - already the holder of a controlling stake in BRF - to purchase the remaining shares of BRF in a share-swap deal, forming a global food company called MBRF.
(Reporting by Isabel Teles and Andre Romani; editing by Gabriel Araujo and Natalia Siniawski)
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