Tag: Swift & Co

• Friday, May 11th 2012 - 13:05 UTC

  Brazilian meatpacker moving out of Argentina sells plant to local government

  

  Brazilian meatpacker JBS SA has sold one of its two units based in San Jose, Argentina, the company said in statement Wednesday. The unit was sold for 16.5 million dollars to a group of local cooperatives and the provincial government, which will run the operation.

• Wednesday, June 30th 2010 - 05:21 UTC

  Brazil largest meat processor JBS targeting US top pork producer

  

  Shares of Smithfield Foods Inc., the top U.S. pork producer, jumped as much as 8.3% Tuesday on speculation the company may be a takeover target for Brazil-based meat processor JBS S.A. A report in the Brazilian publication Valor Economico, citing market sources said JBS may seek discussions over an acquisition with Smithfield.