BRF SA (BRFS3.SA)
23 Feb 2018
R$ -2.58 (-8.33%)
Latest Key Developments (Source: Significant Developments)
BRF SA:Says that its units BRF GmbH and BRF Holland BV signed an agreement to buy all of the shares of Argentina's company Alimentos Calchaqui Productos 7 SA. Full Article
BRF SA:Says that BlackRock Inc has reached a 5.01 percent stake in common stock of the company, corresponding to 33.5 million of common shares and 7.3 million of American Depositary Receipts that represent common shares (a total of 40.7 million common shares).Says that BlackRock Inc has also reached a stake of 1.2 million of derivative financial instruments that represent common shares with financial settlement, corresponding to 0.14 percent of the company's common stock. Full Article
BRF SA:Says that its board of directors approved at extraordinary meeting the cession of agribusiness credit receivables rights with annual value that vary between 500.0 million Brazilian reais and 1.35 billion reais.Says agribusiness credit rights arise from exports contracted with BRF Global GmbH and the cession is in favor of Octante Securitizadora SA. Full Article
SAO PAULO, Feb 23 A group of shareholders of Brazil's food processing company BRF SA will seek to oust the entire board of the company, according to local media reports, following the firm's worst annual results ever.