Food market news of the week - JBS CEO in spotlight, Danone sells Chile arm, call for 'junk food' tax in France
JBS, one of the world's largest meat processors, found itself in the headlines this week after a court in Brazil reportedly ordered its CEO to temporarily step down from the role. Elsewhere in Latin America, Danone struck a deal to sell its business in Chile to local group Watt's. Further north, US group Hormel Foods named a new CEO, while, across the pond in Europe, Spain-based olive oil business Deoleo also hired a new chief. In France, there were calls for Paris to levy a tax on high-calorie food.
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