Brazil grains company Fiagril sells stake to China's Hunan Dakang
SAO PAULO, April 29 (Reuters) - Brazilian grains company Fiagril sold an undisclosed stake to China's Hunan Dakang Pasture Farming Co Ltd, a unit of Pengxin Group, the Brazilian firm said on Friday.
Two sources with direct knowledge of the deal said the Chinese firm bought a controlling 57 percent stake in Fiagril, a family-owned company based in Lucas do Rio Verde, Mato Grosso, in the heart of Brazil's center-west grain belt. (Reporting by Tatiana Bautzer, Roberto Samora and Guillermo Parra-Bernal, editing by G Crosse)
© Thomson Reuters 2016 All rights reserved.