Finance / Brazil
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Brazil's JBS Beefs Up In US and Australia
March 2008 | M&A News AlertSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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Brazilian meat company JBS announced on March 4 that it will buy two US companies, National Beef Packing and the beef unit of Smithfield Foods, and the Australian beef company Tasman Group. The deal, worth US$1.26bn if approved, will make JBS Swift the US's largest beef producer.