Marfrig and BRF to seek Cade approval for merger

Less than two weeks after announcing their merger, Marfrig and BRF have decided to submit the operation for approval by Cade (Administrative Council for Economic Defense), according to a material fact disclosed by Marfrig to the stock market.

Initially, the two companies had not expected antitrust approval to be necessary — especially since Marfrig already controls Sadia’s parent company — but opted to request authorization to avoid any controversy.

The expectation is that Cade could approve the deal through a fast-track review, within 30 days. If no issues arise, the merger would be completed before the end of July.