Marfrig plans massive restructure to reduce costs and trim debt

Wednesday, October 26th 2011 - 02:27 UTC

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Brazilian meat processor Marfrig will restructure multiple segments of the company between now and December in an effort to reduce costs and trim away at its current debt of BRL10.3 billion (5.8 billion dollars), the company's president said this week in an interview with Valor Economico newspaper, partly reproduced by Meat trade news Daily. Read full article

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GeoffWard2
Buy, or sell?
Oct 26th, 2011 - 09:51 am - Link - Report abuse 0
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