ABU DHABI/GULF TIME The Abu Dhabi Securities Exchange (ADX) Group announced that it has achieved …
Read More »Marfrig opens $805mn share sale as state exits
Bloomberg Marfrig Global Foods SA announced an equity offering that will allow Brazilian development bank BNDES to sell its stake in the world’s second-largest beef producer. BNDESPar, the bank’s investment arm, plans to sell about 209.6 million shares, which is all of its 33.74% stake, Marfrig said in a regulatory filing. The company will sell about 90 million shares. The …
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