Brazilian meat processor Minerva’s plan to sell a 25% stake in its Chile-based subsidiary Athena Foods to a Nasdaq-listed special purpose acquisition company (SPAC) for US$200m has been cancelled.
Brazilian meat processor Minerva is pulling a debut share offering planned by its Chile-based subsidiary Athena Foods due to “adverse” conditions in global stock markets. Only two weeks ago, Minerva ...
SAO PAULO (Reuters) - Brazilian food company Minerva SA is aiming for an initial public offering (IPO) of its Athena Foods subsidiary in April 2020 despite political headwinds in Argentina, where the ...