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Marfrig Global Foods SA (MRFG3.SA)

MRFG3.SA on Sao Paulo Stock Exchange

6.33BRL
16 Nov 2018
Change (% chg)

R$ 0.07 (+1.12%)
Prev Close
R$ 6.26
Open
R$ 6.26
Day's High
R$ 6.33
Day's Low
R$ 6.19
Volume
3,003,200
Avg. Vol
4,180,108
52-wk High
R$ 9.43
52-wk Low
R$ 5.02

Latest Key Developments (Source: Significant Developments)

Tyson Foods To Acquire Keystone Foods For $2.16 Billion
Monday, 20 Aug 2018 

Aug 20 (Reuters) - Tyson Foods Inc ::TYSON FOODS TO ACQUIRE KEYSTONE FOODS FOR $2.16 BILLION.TYSON FOODS INC - EXPECTS ACQUISITION TO BE ACCRETIVE TO GAAP EPS IN THIRD YEAR.TYSON FOODS INC - ACQUISITION WILL BE FUNDED THROUGH A COMBINATION OF EXISTING LIQUIDITY AND PROCEEDS FROM ISSUANCE OF NEW DEBT.TYSON FOODS INC - IT ALSO EXPECTS TO GENERATE ANNUAL SYNERGIES OF APPROXIMATELY $50 MILLION BY THIRD YEAR OF ACQUISITION.TYSON FOODS INC - TRANSACTION, WHICH HAS BEEN APPROVED BY TYSON FOODS' BOARD OF DIRECTORS, IS EXPECTED TO CLOSE IN MID-FISCAL 2019.TYSON FOODS - EXPECTS ACQUISITION TO BE ACCRETIVE TO ADJUSTED EPS IN FIRST YEAR EXCLUDING TRANSACTION-RELATED COSTS, AMONG OTHERS.TYSON FOODS - CO PLANS TO USE CASH FLOWS TO PAY DOWN DEBT TO CONTINUE TO SUPPORT ITS CREDIT RATINGS & TO STRENGTHEN BALANCE SHEET.TYSON FOODS - DEAL INCLUDES 6 PROCESSING PLANTS & A CENTER IN U.S. WITH LOCATIONS IN ALABAMA, GEORGIA, KENTUCKY, NORTH CAROLINA, AMONG OTHERS.TYSON FOODS - DEAL ALSO INCLUDES EIGHT PLANTS AND THREE CENTERS IN CHINA, SOUTH KOREA, MALAYSIA, THAILAND AND AUSTRALIA.TYSON FOODS - REACHED AGREEMENT TO BUY KEYSTONE FOODS BUSINESS FROM MARFRIG GLOBAL FOODS FOR $2.16 BILLION IN CASH.  Full Article

Brazil prosecutors seek $774 mln in fines over alleged loan scheme

RIO DE JANEIRO, Oct 5 Federal prosecutors said on Friday they filed charges seeking 3 billion reais ($774 million) in damages over an alleged corruption scheme aimed at securing loans from Brazilian state bank Caixa Economica Federal .