JBS, Bertin to merge

Combined annual income expected to be about $28.7 billion

Beef production giant JBS and Bertin announced they will create a holding company to control the formerly independent entities, according to news reports.

Estimates show JBS will control 60% of holdings, and Bertin will control 40%.

Annual income of the company is expected to be about $28.7 billion, just ahead of Tyson Foods Inc, and the firm will have global operations, including in North America, South America, Europe and China.

Bertin's meat division has a processing capacity of 14,000 head of beef a day.

Page 1 of 65
Next Page