Brazil's MBRF signs investment deal with subsidiary of Saudi Arabia's PIF

BRF SA

27/10/2025 11:20

SAO PAULO, Oct 27 (Reuters) - Brazil's newly formed food producer MBRF MBRF3.SA said on Monday it has signed an investment agreement with Saudi Arabia's Halal Products Development Company (HPDC), a subsidiary of the country's sovereign wealth fund, PIF.

MBRF, which was formed from the merger of pork and poultry processor BRF and beef producer Marfrig, said that under the deal HPDC will hold 10% of BRF Arabia's share capital, with plans to reach 30% and the right to increase it to 40%.

(Reporting by Isabel Teles; Editing by Gabriel Araujo)

((Isabel.Teles@thomsonreuters.com;))