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Bloomberg
Tyson Foods Inc. is among the five firms still in the running for Asian and European chicken plants owned by BRF SA, people with direct knowledge said, asking not to be named because talks are private.
Both Springdale, Arkansas-based Tyson and Sao Paulo-based BRF declined to comment. Binding offers for Thai poultry processor Golden Foods Siam and assets in Europe are due mid December.
The sale process is part of BRF’s 3 billion-real ($790 million) divestment plan to ease its debt burden. It received non-binding offers from eight companies, five of which were chosen to remain in the process, Chief Executive Officer Pedro Parente said.