SAO PAULO, Oct 24 (Reuters) – Brazilian food processor
BRF SA said on Monday it has agreed to form a Saudi
joint venture with Halal Products Development Company (HPDC) in
a bid to develop the halal meat industry in the Middle East
country.
BRF, which will own up to 70% of the joint venture, said the
new company will have a combined investment of $500 million.
The venture will operate in the entire chicken production
chain in Saudi Arabia…
