Minerva SA

Brazilian meat producers Marfrig Global Foods <MRFG3.SA> and Minerva SA <BEEF3.SA> have registered coronavirus cases among workers in cattle processing plants this week but the units are still operational, the companies said.

Minerva SA, the largest beef exporter in South America, hopes to further boost foreign sales due to potentially scarce supplies in large producing nations like the United States, Chief Financial Officer Edison Ticle said on Tuesday.

Brazilian meatpacker Minerva SA will place workers on paid leave at four domestic plants as it adjusts production capacity amid fallout from the new coronavirus pandemic, according to a statement sent to Reuters on Tuesday.

Brazilian meatpackers JBS and Minerva Foods are considering suspending operations at some slaughterhouses in Brazil due to supply chain issues from China, JBS and sources close to Minerva said on Monday.

Brazilian meatpacker Minerva SA priced its share offering at 13 reais a piece, two sources with knowledge of the matter said.

Brazilian beefpacker Minerva SA <BEEF3.SA> announced a share offering on Thursday that could raise as much as 1.368 billion reais ($327 million), sending the company's shares up on expectations that it will improve the company's debt profile.

Brazilian beefpacker Minerva SA said in a securities filing late on Wednesday that it could raise as much as 1.368 billion reais ($327 million) via the sale of new common and existing shares.

Brazilian food company Minerva SA <BEEF3.SA> is aiming for an initial public offering (IPO) of its Athena Foods subsidiary in April 2020 despite political headwinds in Argentina, where the division gets about 30% of its net sales.

Brazilian beef-packer Minerva SA on Monday said the company is maintaining plans for the IPO of its Athena Foods subsidiary, which operates in Argentina, Uruguay, Paraguay, Colombia and Chile.

Brazilian meat-packer Minerva SA is furloughing 635 workers at its Barretos plant for two weeks to carry out maintenance there, according to a statement the company sent to Reuters on Tuesday.

Brazilian meat packer Minerva SA said on Monday it launched the initial public offering of its subsidiary Athena Foods in Chile.

Brazilian food processors Marfrig Global Foods SA and Minerva SA said on Friday that all seven of their plants in Uruguay have been authorized to export fresh beef to Japan.

Brazilian food company Minerva SA has signed memorandums of understanding with China's Alibaba and another five clients in the world's most populous nation to supply frozen beef for a period of five years, an executive told Reuters on Monday.

Brazilian meatpacker Minerva SA, which plans to list shares of a Chilean subsidiary next year, will consider acquisitions elsewhere in South America once the transaction is complete, executives said on Monday.

Brazilian meatpacker Minerva SA plans to complete the initial public offering (IPO) of its Athena Foods subsidiary in the first half of 2019, Chief Executive Fernando Queiroz said on Monday.

Brazilian meatpacker Minerva SA has hired Banco BTG Pactual SA and JPMorgan Chase & Co as coordinators for the initial public offering of its international unit Athena Food in Chile, two people with knowledge of the matter said.

Brazilian meatpacker Minerva SA denied on Wednesday local media reports that its shareholder, sovereign wealth fund Saudi Agricultural and Livestock Investment Co (SALIC), was planning a tender offer to minority shareholders to delist the company.

Brazilian meat company Minerva SA plans an initial public offering in Santiago of its units outside Brazil as a way to reduce its debt, according to a securities filing on Tuesday.

Brazilian meat company Minerva SA said on Tuesday in a securities filing that its board approved an initial public offering by its Chilean unit Athena Foods in Santiago.