Brazil's BRF says formed $200 mln joint venture in Indonesia

viernes 19 de diciembre de 2014 07:20 GYT
 

SAO PAULO Dec 19 (Reuters) - Brazil's BRF SA, the world's largest poultry exporter, has agreed to form a joint venture in Indonesia with PT Indofood Suskes Makmur, according to a filing on Friday.

The 50-50 venture will require investments of about $200 million over the next three years, according to BRF, which has sought to expand its processed-food business internationally. (Reporting by Caroline Stauffer Editing by W Simon)