Big move: US largest meat company Tyson Foods is in exclusive talks with chicken nugget supplier Keystone Foods owner Marfrig Global Foods in a deal worth US3bil. — Reuters
SAO PAULO: Tyson Foods Inc is close to acquiring Keystone Foods LLC, a US supplier of chicken nuggets to McDonald’s Corp, according to a source.
Tyson is in exclusive talks with Keystone’s owner, Brazil’s Marfrig Global Foods SA, said the source. Representatives of Marfrig and Springdale, Arkansas-based Tyson declined to comment on the talks.
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