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UPDATE 1-Brazil J&F Investimentos agrees to sell Vigor to Mexico's Lala

(Adds deal details, including value of JBS stake in company)

SAO PAULO, Aug 3 (Reuters) - Brazil's holding company J&F Investimentos SA said it signed an agreement to sell dairy company Vigor Alimentos SA to Mexico's Grupo Lala SAB de CV.

In a statement, J&F, which holds investments of the billionaire Batista family and is also the controlling shareholder of JBS SA, the world's largest meatpacker, said the enterprise value of the company is 5.7 billion reais ($1.8 billion).

Reuters reported on Monday that Lala had valued Vigor at $1.8 billion.

J&F holds 80.8 percent of Vigor and JBS has a 19.2 percent stake. Both are selling their stakes.

In a securities filing, JBS said its stake in Vigor had an enterprise value of 1.1 billion reais ($353.4 million), but the company will receive from Lala 780 million reais ($250.6 million), equivalent to the stake's equity value. ($1 = 3.1129 reais) (Reporting by Tatiana Bautzer; Editing by Sandra Maler)