Expectation of a swifter ruling with new proposal from Minerva for Marfrig

Minerva Foods has already formally submitted its new proposal to acquire three of the four Marfrig plants in Uruguay to the Commission for the Promotion and Defense of Competition (Coprodec), WBR has learned. Sources familiar with the operation indicated that since the commission already has background information on what the deal entails, the case analysis should be much faster than the initial process, which took over a year including Minerva’s appeal (which it lost) to the Executive Branch.