January 2, 2019 / 8:51 PM / 3 months ago

Brazil's BRF finalizes sale of Argentina subsidiary to Marfrig

SAO PAULO, Jan 2 (Reuters) - Brazil food processor BRF said on Wednesday it had finalized the sale of 92 percent of its Argentine subsidiary Quickfood SA to Marfrig Global Foods SA.

The $60 million sale had already been announced in early December and forms part of BRF's divestment plan, aimed at reducing the company's debt levels. (Reporting by Marcelo Rochabrun; Editing by Sandra Maler)

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