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336424

Brazil's Minerva to buy Uruguayan meatpacker from NH Foods - report

SAO PAULO, Nov 21 (Reuters) - Brazilian meatpacker Minerva SA is in advanced talks to buy Breeders & Packers Uruguay from Japan-based NH Foods Ltd, newspaper Valor Economico reported on Monday, citing unnamed sources.

The deal is seen reaching $35 million to $45 million and is expected to be sealed by Dec. 15, the report said. Minerva did not immediately respond to a request for comment. (Reporting by Gabriel Araujo and Ana Mano)

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