May 11, 2017 / 11:19 PM / a year ago

Brazil's Marfrig says subsidiary Keystone Foods filed for U.S. IPO

SAO PAULO, May 11 (Reuters) - Brazilian meatpacker Marfrig Global Foods SA said its subsidiary Keystone Foods has filed a request with the SEC for a U.S. initial public offering.

In a securities filing on Thursday, Marfrig said it will sell part of its stake in the West Chester, Pennsylvania-based food producer, without elaborating. Keystone Foods will use proceeds to finance its expansion, the filing said. (Reporting by Tatiana Bautzer; Editing by Sandra Maler)

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