News

JBS denies interest in Independência

18/11/2009

The president of Brazilian packer and tanning group JBS, Joesley Batista, has distanced his company from a possible acquisition of rival packer firm Independência.Independência filed for bankruptcy protection on March 2 this year, but put through a recovery plan at the start of November, including a payment plan that reduces its debts to around $1 ...

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