Following last month's belated appointment of two board members to Brazil’s main antitrust agency CADE, the board is at long last scheduled to hear the pending two-year case for the creation of Brazil’s leading processed foods company, Brasil Foods (BRFS:US, BRFS3:BZ), starting on 8 June. Local food behemoths Perdigao and Sadia first announced plans to merge in May 2009, following Sadia’s financial troubles in the wake of the global financial crisis. However, as we anticipated in our...
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