JBS S. A.: Enterprise agrees to Brazil lenien...
JBS S. A.

Enterprise agrees to Brazil leniency deal

JBS SA

BRAZIL, São Paulo. Brazilian meatpacker JBS SA has signed the terms of an agreement to participate in a leniency deal between controlling shareholder J&F Investimentos SA and federal prosecutors, according to a securities filing. This was reported by Reuters.

JBS said its participation in the leniency agreement will place no financial burden on the meatpacker, as J&F is entirely responsible for paying the related fine.
Source: Reuters
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