Marfrig Jumps as BRF Deal Brings Payout, US Listing Prospects

Marfrig Global Foods SA jumped the most since May as executives laid out potential benefits of its planned takeover of poultry and processed-food company BRF SA, including a dividend boost and a listing in the US.

The merged company may bring BRF shareholders a higher payout than what they are currently getting, given expected gains from synergies of the combined Brazilian companies and tax credits which should boost cash generation, Marfrig Chairman Marcos Molina said during an earnings call Friday.

“After three years of intense work, BRF got back on track and began paying dividends. MBRF will continue to ...