Linklaters Advises Marfrig on $969 Million Acquisition of U.S.-Based National Beef
Acquisition Will Make Marfrig the World’s Second-Largest Beef Producer
Marfrig has agreed to pay US$ 969 million for the equity interest. Once the transaction is complete, they will become the world’s second-largest beef processor, with annual consolidated sales of US$ 13 billion.
The acquisition agreement was signed on April 9, 2018. The closing of the transaction is subject to customary closing conditions.
The Linklaters team was led by New York and São Paulo-based Partner Matthew Poulter and Senior Associate Gabriel Silva, as well as New York Corporate Partner Scott Sonnenblick.
The full team included Shane Milam, Matthew Brigham, and Adriana Zhan (Tax); Tyler Stypinski, Isabella Correa, Teo Galvao, Paulo Pinto, Patrick Geortay, and Laurent Benoit (Capital Markets); Jess Blakemore; Zachary Caldwell; Pierre-Emmanuel Perais, and Michael Kam (Corporate); Antonia Sherman, Daniel Dukki Moon, Sara Gil Garcia, and Thomas Elkins (Antitrust); and Allison Moffett and Hyun Young Kim.