Approval of the transaction by Brazilian competition authorities is still pending, said Perdigao.
Perdigao agreed to acquire Sadia on 19 May, joining Brazil's top 2 poultry and pork processors to create a global industry leader with annual sales topping $10 bln.
The combined company, called Brasil Foods, would be the largest private sector employer in Brazil, with more than 116,000 workers, and would control almost a quarter of the global poultry market.
Source: Reuters


