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Sadia S.A. ADR (SDA)

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Market Currents

  • Monday, May 18, 2009

  • 08:12 AM Brazil meat processors Sadia (SDA) and Perdigao (PDA) say they're in discussions of a merger that would rescue struggling Sadia, and create one of the world's largest frozen and processed food companies. In a report Thursday, Citigroup speculated the Brazil government could help finance a merger with as much as $750M. Comment!