News

JBS makes an offer for two tanneries and other Independência assets

24/04/2012

Brazilian packer and tanning group JBS has confirmed that it has made a non-binding offer to acquire some of the assets of rival group Independência. Independência ran into financial difficulties in 2009 and has been working with its creditors since November that year to reach an agreement on a payment plan. Selling off the company’s assets,...

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