News

Darkness deepens for Independência

03/03/2009

Troubled Brazilian packer company Independência is reported to have filed for bankruptcy protection.The company said at the end of last week that it had halted slaughter at its abattoirs. On March 2, it said it had taken steps to protect itself from creditors after a decline in beef exports left it with what it called a  crippling debt burden.It...

To continue reading this story, please sign in or register.