Minerva could sell its subsidiary Minerva Dawn Farms
Minerva pode vender sua subsidiária Minerva Dawn Farms
Intel ID : 218941
Synopsis |
Minerva's CFO, Edison Ticle, said the sale of its subsidiary Minerva Dawn Farms (MDF) is among company's options to fulfill the agreement with the competition authority Conselho Administrativo de Defesa Econômica (CADE) to acquire cattle assets held by BRF. The agreement with CADE states that BRF has to sell its stake, both direct and indirect, in MDF. To carry this out there are two extreme options; one is the sale of MDF and the other is a corporate agreement through which BRF exits MDF's share capital.
(content in portuguese)
O diretor financeiro da Minerva, Edison Ticle, afirmou que a venda da subsidiária Minerva Dawn Farms (MDF) está entre as opções que a companhia possui para cumprir o acordo estabelecido com o Conselho Administrativo de Defesa Econômica (CADE) para a compra dos ativos de bovinos da BRF. O acordo com o CADE prevê que a BRF tem que deixar de ter participação acionária, direta ou indiretamente, na MDF. Para isso temos duas opções extremas: uma é a venda de 100% da companhia e a outra é um acordo societário, tirando a BRF da MDF. |
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Intel ID | 218941 | ||
Value | ND | ||
Native Currency |
Brazilian Real (BRL)
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Financial Data - Minerva Dawn Farms
(31 Dec 2024) |
Revenue: - EBITDA: - |
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Primary Sector (TTRSC) |
15.07.99 Other Food 15 Consumer Products & Services / 15.07 Food |
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Secondary Sectors (TTRSC) |
35.10.11 Supply Chain Logistics 35 Industrials / 35.10 Transportation & Logistics |
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Primary Sector (TTRSC) |
15.07.08 Meat Products 15 Consumer Products & Services / 15.07 Food |
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Secondary Sectors (TTRSC) |
55.01.07 Livestock Production 55 Raw Materials & Natural Resources / 55.01 Agriculture, Fishing & Hunting |
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Legend:
Verified: Confirmed as a party to an active or possible transaction.
Potential: Unconfirmed as a party to an active or possible transaction.
Retained: Confirmed as “Retained” with a general or specific mandate.
Prospect: Advisory “Prospect” in discussions with or pitching services to possible client.
Transactional data is continuously updated by the research team and therefore is subject to change.