Brazilian food company Perdigao (PDA) on Monday denied newspaper reports that it's considering buying part of Argentine dairy company La Serenisima.

"Perdigao SA clarifies that the information in national and international press about an eventual interest by Brasil Foods in the purchase of Argentine dairy company La Serenisima isn't correct," Perdigao said in a statement.

Perdigao was speaking on behalf of Brasil Foods, the new company which is being created by Perdigao's merger with Brazil's Sadia (SDA).

"The company reiterates that, currently, it isn't in conversations in this respect and that the news published in recent days is no more than speculation," Perdigao said.

La Serenisima has admitted facing financial difficulties and local press has reported it's considering a variety of options, including talks with France's Danone SA (BN.FR), with which it already has a joint venture.

The Argentine government has also said it might help the firm with loans.

-By Matthew Cowley, Dow Jones Newswires; +54 11 4103 6740; matthew.cowley@dowjones.com