News and analysis on the global poultry
and animal feed industries.
Latin America / Industry News & Trends / Business & Markets
on October 27, 2016

JBS restructuring plans hit opposition

Government vetoes plan, shares tumble

Vetoed by a Brazilian government agency, plans for a major reorganization of Brazil-based meat company JBS have been brought to a halt, and its shares have tumbled in value, reports Reuters.

In August, shareholders had agreed to the company’s proposed global reorganization, which would have seen its operations…

To view the full article, please register or login.