Marfrig ends talks with Bertin

Talks between Marfrig and Bertin, which started in May, have ended and there will be no merger between these two major Brazilian meat processors, according to Bloomberg.
If the merger had taken place, the new company would have become Brazil's largest meat processor, overtaking JBS.
Marfrig is the world's fourth-largest meat processor, and in the last two years has become a major poultry processor in Brazil and Europe, through the purchase of other companies. Marfrig is now Brazil's fifth-largest chicken processor, and it also owns Moy Park's poultry processing operations in Europe.