SAO PAULO, Nov 12 (Reuters) - Brazilian meat processor Marfrig (MRFG3.SA: Quote, Profile, Research) raised 1.36 billion reais ($789 million) in a public share offer, the funds from which will go to the purchase of local Cargill unit Seara, the company said in a statement late on Wednesday.

The new shares were priced at 19 reais a piece, down from Wednesday's closing price of Marfrig's shares on the Sao Paulo Stock Exchange at 19.60 reais.

Bradesco bank's BBI division coordinated the company's public offer, which sold 71.744 million shares.

On Sept. 14, Marfrig announced the purchase of Cargill's local meat processor Seara for $706.2 million in cash in addition to assuming the company debt of $193.8 million. [ID:nN14525637][ID:nN1569108] (Reporting by Cesar Bianconi; writing by Reese Ewing; Editing by Derek Caney)