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Industry News & Trends / Mergers & Acquisitions / Middle East
on January 13, 2022

BRF enters joint venture in Saudi Arabia

Brazil-based company enters poultry partnership with sovereign fund of Saudi Arabia

BRF has executed a Memorandum of Understanding (MOU) with the Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, to form a joint venture for chicken production in Saudi Arabia, the company announced.

According to a notice to the market on the BRF Investor Relations webpage, the non-binding MOU aims…

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