[ad_1]
SAO PAULO, Oct 20 (Reuters) – Brazilian meatpacker Minerva Foods SA BEEF3.SA has agreed to acquire Australian Lamb Company for around $260 million, a report by local newspaper Valor Economico said on Thursday, citing sources familiar with the matter.
The beef-packer will make the purchase through a joint venture with Saudi fund Salic, which is also Minerva’s largest shareholder, said the report.
Minerva did not have an immediate comment.
($1 = 5.2131 reais)
(Reporting by Peter Frontini Editing by Chris Reese)
((Peter.Siqueira@thomsonreuters.com; +55 11 56447727;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
[ad_2]
Source link
