JBS denies acquisition suggestion

24/01/2012
Reports in Brazilian media in recent days have suggested that packer and tanning group JBS is preparing to acquire a food company, Goiás Verde.

However, JBS reacted angrily to the reports. The group’s director of investor relations, Jeremiah O’Callaghan, issued a statement, saying: “JBS wants its shareholders and the market in general to know that the company is not in negotiations to acquire any business, and denies the reports on this matter that have appeared today in the Brazilian press.”