BRAZIL: JBS denies merger plans

By: just-food.com | 29 July 2010

Brazilian meat giant JBS has denied that it is considering making its Pligrim's Pride unit the parent of its US operations to limit the influence of Brazil's BNDES state development bank.

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Brazilian meat giant JBS has denied that it is considering making its Pligrim's Pride unit the parent of its US operations to limit the influence of Brazil's BNDES state development bank.

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