Minerva to buy Uruguayan meatpacker from NH Foods
The deal is expected to close December 15hBrazilian meatpacker Minerva SA is in advanced talks to buy Breeders & Packers Uruguay from Japan-based NH Foods Ltd, Reuters reported, citing the newspaper Valor Economico on Monday. The newspaper cited unnamed sources.
The deal is seen reaching $35 million to $45 million and is expected to be sealed by December 15, the report said.
Minerva did not immediately respond to a request for comment.