STXNEWS LATAM-Brazil's BRF concludes Alyasra foods distribution deal

viernes 21 de noviembre de 2014 07:55 GYT

Brazilian food company BRF SA concluded a deal to acquire 75 percent of Alyasra Foods' frozen-food distribution business in Kuwait, according to a filing on Friday.

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