May 11, 2017 / 11:23 PM / 3 months ago

Brazil's Marfrig says subsidiary Keystone Foods filed for U.S. IPO

SAO PAULO (Reuters) - Brazilian meatpacker Marfrig Global Foods SA (MRFG3.SA) said its subsidiary Keystone Foods has filed a request with the SEC for a U.S. initial public offering.

In a securities filing on Thursday, Marfrig said it will sell part of its stake in the West Chester, Pennsylvania-based food producer, without elaborating. Keystone Foods will use proceeds to finance its expansion, the filing said.

Reporting by Tatiana Bautzer; Editing by Sandra Maler

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