Brazil JBS becomes largest chicken producer; purchases main tannery in Uruguay

Monday, June 10th 2013 - 14:08 UTC

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Brazil’s JBS SA, the world’s largest beef producer, agreed to buy assets from Marfrig Alimentos SA in Brazil and Uruguay, which will make it the world’s largest chicken producer. JBS will take on 5.85 billion Reais (2.74bn dollars) in debt for the Seara poultry and pork unit in Brazil and the Zenda tannery unit in Uruguay, the Sao Paulo-based company said in a regulatory filing today. Read full article

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Math
Another “national champion” of the national-developmentism bigotry.
Jun 10th, 2013 - 05:16 pm - Link - Report abuse 0
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