The Denver Post and Dow Jones Newswires report that JBS SA will be selling $1.8 billion in assets to shore up cash after settling a corruption charge in Brazil. Up for sale are the company’s 19.2% stake in Vigor Alimentos SA, its interest in Moy Park and Five Rivers Cattle Feeding business.
JBS to Sell Five Rivers Cattle Feeding
Company raising money after corruption settlement in Brazil
November 30, 2020