Brazil meatpacker JBS plans U.S. listing as BNDES sells stake: sources

SAO PAULO (Reuters) – Brazilian meatpacker JBS SA and state development bank BNDES are planning a simultaneous listing of JBS international operations in the United States and the sale of the bank’s stake in the company, five sources with knowledge of the matter said.

Sources close to the company say JBS is working on a transaction that is different from the one proposed in 2016.


By Tatiana Bautzer, Aluisio Alves and Carolina Mandl via WHBL


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