Brazil's Marfrig sells Argentina units for $75 mln to Chinese group

miércoles 6 de abril de 2016 07:35 GYT

BRASILIA, April 6 (Reuters) - Brazil's food processor Marfrig Global Foods SA agreed to sell assets in Argentina to China-based Foresun Group for $75 million, Marfrig said on Wednesday.

Black Bamboo Enterprises S.A., a subsidiary of Foresun Group, will take control of Marfrig's units in Hughes, Vivoratá, UNquillo and Monte Ralo, in the provinces of Santa Fé, Buenos Aires and Córdoba, Marfrig said in a securities filing. (Reporting by Silvio Cascione; Editing by Chizu Nomiyama)