US/BRAZIL: Smithfield shares jump on JBS takeover talk

By: just-food.com | 29 June 2010

Shares in US meat giant Smithfield Foods jumped almost 9% today (29 June) after reports in Brazil said local meat processor JBS could hold discussions to buy the business.

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Shares in US meat giant Smithfield Foods jumped almost 9% today (29 June) after reports in Brazil said local meat processor JBS could hold discussions to buy the business.

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