4 de agosto de 2014 / 18:33 / hace 3 años

STXNEWS LATAM-Brazil's BRF buys 75 pct of Kuwait frozen-food business

Brazilian food company BRF SA signed a binding agreement with Alyasra Foods, its current distributor in Kuwait, to acquire 75 percent of Alyasra's frozen-food distribution business, according to a statement on Monday.

The deal is valued at $160 million, BRF said, and is in line with the company's strategy of expanding in the Middle East.

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