Marfrig Alimentos announces plans to sell up to 141.75 million shares, which could raise up to 1.5B reais; company will use money from sale to reinforce capital structure
November 12, 2012
(Industry Intelligence Inc.)
– Marfrig Alimentos SA said it plans to sell up to 141.75 million shares, which could raise up to 1.5 billion reais (US$740 million), MarketWatch reported Nov. 12.
The company will use the money from the sale of shares to reinforce its capital structure.
The primary source of this article is MarketWatch, New York, New York, on Nov. 12, 2012.