SAO PAULO Jan 6 BRF SA, the world's
largest poultry exporter, said on Friday an initial public
offering of a subsidiary focused on the halal processed food
market remains a strategic option.
Reuters reported on Thursday that BRF wants to raise about
$1.5 billion from the sale of a 20 percent stake in the unit,
known as One Foods Holdings Ltd. In a Friday securities filing
in response to the report, BRF said the IPO could take place in
London but it is also gauging a private placement.
(Reporting by Bruno Federowski; Editing by Leslie Adler)