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Nh Foods Group News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Uruguay cattle breeders fear monopoly conditions as Brazilian companies control most of the beef industry

Brazil s protein producer giant Minerva Foods issued a note to the market communicating the purchase of state-of-the-art Breeders and Packers Uruguay (BPU Meat) abattoir and processing plant for USD 40 million. The conclusion of the deal is still pending approval by the Uruguayan authorities.

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