US: Davis Polk advises Tyson Foods on Keystone Foods buy

Davis Polk is advising Tyson Foods on its US$2.2 billion acquisition of the Keystone Foods business from Marfrig Global Foods. The transaction, which is expected to close in mid-fiscal 2019, is subject to customary closing conditions, including regulatory approvals.

Tyson Foods is one of the world’s largest food companies and a recognized leader in protein. Headquartered in West Chester, Pennsylvania, Keystone supplies chicken, beef, fish, and pork to some of the world’s leading quick-service restaurant chains, as well as retail and convenience store channels.

Full Content: Davis Polk

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