Update: JBS and National Beef merger fails
fleischwirtschaft.com — BRAZIL, Sao Paulo
Brazilian meat company JBS has given up on plans to acquire US-based National Beef Packing, a deal it had been working on since March.
JBS broke off talks with the Justice Department on the merger of their two companies, according to media reports. Thus JBS-Swift & Co. and National Beef are moving forward as independent companies.
JBS broke off talks with the Justice Department on the merger of their two companies, according to media reports. Thus JBS-Swift & Co. and National Beef are moving forward as independent companies.