Poultry exporter Brasil Foods SA has posted its biggest gains in five months amidst speculations on the company's ongoing antitrust case.
Brasil Foods stock increased 4.7% after Brazil's antitrust regulator agreed to postpone a vote on whether to block the 2009 merger that created the company. So far, two of the five commissioners involved have voted against the merger.
According to experts, it is unlikely that the merger will be rejected outright; instead, Brasil Foods may be forced to sell certain business to decrease its market share.
