SAO PAULO, July 14 (Reuters) - Brazilian pension fund Previ said on Monday it sold its minority stake in Brazilian meat processor BRF (BRFS3.SA) , opens new tab for 1.9 billion reais ($340.31 million), ending a 31-year investment in the group, according to a statement on its website.

Previ, which represents workers from state-run lender Banco do Brasil (BBAS3.SA) , opens new tab, said the move aims to avoid potential negative impacts from the ongoing merger between BRF and Marfrig (MRFG3.SA) , opens new tab. The pension fund added it will use the resources to buy long-term local bonds from the Brazilian government.

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($1 = 5.5832 reais)

https://www.reuters.com/markets/commodities/pension-fund-previ-sells-stake-brazils-brf-ahead-marfrig-deal-2025-07-14/