Brazilian securities regulator CVM postponed for the second time a shareholder vote on the takeover of poultry and pork processor BRF by beef processor Marfrig , BRF said in a securities filing on Friday.

Valuations for both Marfrig and BRF remain well below sector averages, supporting continued bullish momentum despite ongoing leverage and integration risks. Read more here.

BRF S.A. (NYSE:BRFS) is one of the 10 Stocks Crushing Market Expectations. BRF snapped a three-day losing streak on Monday, jumping 7.58 percent to close at $3.83 apiece as investors repositioned portfolios following the end of the 21-day suspension of a shareholder meeting where a merger deal is expected to be voted.

Marfrig Global Foods and BRF have proposed a plan to merge, which would create a rival to fellow Brazil meat giant JBS but with much lower revenues.

A strong Brazilian real dented income for meat packer Marfrig, which posted a loss of R$132 million ($41.3m) in its second-quarter results up to 30 June.

SAO PAULO (Reuters) -Brazilian beef processor Marfrig announced on Thursday a plan to complete its takeover of poultry and pork processor BRF , while teasing plans to eventually list shares of the ...

SAO PAULO, Brazil—Brazil's Marfrig Alimentos SA, among the world's biggest beef producers, said it has agreed to acquire Cargill Inc.'s Brazilian business for $900 million in cash and assumed ...

Shares in Brazilian meatpacker Marfrig Global Foods SA were 5% down in early trading in Sao Paulo, at 10.22 reais ($2.44) per common share, after the conclusion of a share offering on Tuesday.

SAO PAULO--Brazilian meat packing company Marfrig Alimentos SA (MRRTY, MRFG3.BR) Monday said it plans to sell up to 141.75 million shares in an exercise which could amount to 1.5 billion Brazilian ...

Brazil’s second-largest meatpacker, Marfrig Alimentos SA., is considering waiting until next year to take its European arm public in view of a glut of initial public offerings in the U.K., the ...