News

Fund will help pay for JBS acquisitions

22/04/2008

Part of the $ 1.7 billion that Brazilian meat-packing group JBS-Friboi paid for its latest acquisitions is to be financed by an investment fund put together by the National Bank for Economic and Social Development (BNDES) and the Petros (Petrobrás), Funcef (Caixa Econômica Federal Bank) and JP Morgan pension funds.The total value of the fund is...

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