JBS S. A. Enterprise agrees to Brazil leniency deal

by Editor fleischwirtschaft.com
Monday, September 11, 2017
Photo: JBS SA

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.