Insights and Stories on JBS

Packers win dismissal of U.S. pork price-fixing suits

Aug. 8, 2019 at 7:24 pm CDT

Reuters — A federal judge on Thursday dismissed antitrust lawsuits accusing several large U.S. pork companies of conspiring to limit the supply of pork to inflate prices and their own profits at the expense of consumers and other purchasers. Chief Judge John Tunheim of the federal court in Minneapolis said […]

U.S. launches criminal probe into alleged chicken price fixing by Tyson, rivals

Jun. 25, 2019 at 3:33 pm CDT

By Reuters

R-CALF suit alleges U.S. packers conspired to suppress fed cattle prices

Apr. 23, 2019 at 5:58 pm CDT

By jonathan-stempel

JBS predicts profits will be stronger this year

Mar. 29, 2019 at 6:18 pm CDT

By Ana Mano

U.S. investigators question shareholders of Brazil’s JBS

Dec. 7, 2018 at 4:03 pm CST

By Reuters

JBS posts narrower-than-expected quarterly loss

Nov. 13, 2018 at 7:50 pm CST

Sao Paulo | Reuters — Brazil-based food company JBS SA on Tuesday posted a narrower than expected quarterly loss on the back of a strong performance by its Seara processed foods and Brazil beef divisions, and resilience in certain of its U.S. operations. Seara booked net sales of 4.9 billion […]

By Ana Mano

JBS shareholder Batista arrested in food sector corruption investigation

Nov. 9, 2018 at 9:00 am CST

Rio de Janeiro | Reuters – Brazilian police arrested one of the controlling shareholders of meatpacker JBS SA on Friday in connection with an ongoing police inquiry into illegal campaign contributions while a local news outlet reported two former agriculture ministers were also arrested. A member of JBS’ controlling family Joesley […]

By Ana Mano Pedro Fonseca

Brazil’s regulator rejects JBS settlement deal

Sep. 26, 2018 at 3:45 pm CDT

Sao Paulo | Reuters — The Brazilian securities regulator CVM said on Wednesday it had rejected a settlement with the world’s largest meatpacker JBS SA and major shareholders in an insider trading case because of the severity of the allegations. Wesley Batista, the former CEO of JBS, and his brother […]

By Carolina Mandl

Brazil meat company Minerva plans IPO by Chilean unit

Aug. 8, 2018 at 11:20 am CDT

Sao Paulo | Reuters – Brazilian meat company Minerva SA plans an initial public offering in Santiago of its units outside Brazil as a way to reduce its debt, according to a securities filing on Tuesday. After a capital increase at its Chilean subsidiary Athena Food, Minerva said it will gather […]

By Carolina Mandl

Brazil’s BNDES willing to sell JBS stake

Jun. 30, 2018 at 12:19 am CDT

Rio de Janeiro | Reuters — Brazilian development bank BNDES is willing to sell its stake in meatpacker JBS SA, one source with knowledge of the matter said on Friday. The development bank had already expressed the intention to sell its stake “for the right price.” But the person, who […]

By Rodrigo Viga Gaier

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