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BRF's Saudi investor says it has no influence on management

SALIC International Investment Company, a Saudi-owned investor, has stated to Brazilian authorities that it remains a passive minority shareholder in both BRF and Minerva, without any influence over their management or business decisions. This clarification follows concerns raised by Minerva regarding the proposed merger between BRF and Marfrig, which Minerva claims could give the Saudi investor influence over three major food companies. Brazil's antitrust regulator has agreed to a more thorough review of the merger, citing potential risks of aligned interests and information sharing among competitors. The final decision on the merger's approval is pending further investigation and a panel review scheduled for August 11.

Original article source: https://www.dailymail.co.uk/wires/reuters/article-14977595/BRFs-Saudi-investor-says-no-influence-management.html
Source Id: 2025-08-798224591

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