JBS free to sell as­sets

The Poultry Bulletin - - INTERNATIONAL NEWS - The ar­ti­cles above have all been com­piled by the Edi­tor and do not nec­es­sar­ily rep­re­sent the views, opin­ions or po­si­tions of SAPA.

ABrazil­ian court has lifted the ban on the sale of JBS as­sets to ri­val Min­erva. This fol­lows rip­ples from the cor­rup­tion scan­dal that con­tinue to plague JBS, the world’s largest meat­packer.

In terms of the rul­ing, JBS is free to dis­pose of its op­er­a­tions in Ar­gentina, Uruguay and Paraguay to Min­erva in a deal worth around US$300mil­lion.

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