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View Full Version : Perdigao, Sadia Surge on Pension Fund Speculation - Bloomberg



NewsWhore
05-20-2009, 06:30 PM
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Perdigao, Sadia Surge on Pension Fund Speculation (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3Da6j10sLjvpu0%26refer%3Dnews&cid=1244777592&ei=rngUSqrVKpidkAXly9Vv&usg=AFQjCNGVTFWMW81ShUfyVktyGOuQFnRmvA)
Bloomberg
Perdigao agreed to take over Sadia after the smaller rival posted the first annual loss in its 65-year history because of wrong-way bets on the Brazilian currency. Demand from pension funds to raise their stakes in the new company may help push up the ...


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