Moy Park, the Northern Ireland-based poultry business, has been put up for sale by its Brazilian owner. JBS said it intended to sell the firm as part of a wider plan to raise about $6bn (£4.74bn).

The deal will also help Marfrig reduce its debt, currently at about $5 billion. The companies expect to conclude the transaction by the end of 2015. Brazil’s JBS, the world’s largest meat ...