date:Aug 19, 2014
Moy Park, the Northern Irish poultry producer, could be floated on the London Stock Exchange with a value of approximately 1 billion.
According to reports, Marfrig the Brazilian owner of Moy Park, is exploring plans for a public offering.
Marfrig released its interim results last week which saw Moy Park's revenue rise 18.2 per cent to 1.3 billion Brazilian Real (354.4 million) during the quarter to 30 June. Its margins rose from 5.9 per cent to 7 per cent.
Marfrig said, We continue to exploit