Minerva to reopen beef plant closed in 2015

Meatpacker Minerva seeking $350m to pay debts or takeovers

13-Jun-2017

By Oscar Rousseau

Multi-species Brazilian meat processor Minerva SA is looking to raise $350m in capital a week after beleaguered giant JBS sold the firm many of its South American beef assets.

JBS shareholder to pay huge $3bn corruption fine

31-May-2017

By Oscar Rousseau

J&F Investimentos, the holding company of the world’s largest meatpacker JBS, at the heart of a huge corruption scandal, has been fined billions of dollars by Brazilian prosecutors.

JBS appoints Tarek Farahat as chairman

30-May-2017

By Oscar Rousseau

Beleaguered Brazilian meatpacker JBS has appointed the former Procter & Gamble chief Tarek Farahat as its new chairman of the board.

Minerva to reopen beef plant closed in 2015

Brazilian meatpacker Minerva SA will reopen its Mirassol D’Oeste cattle slaughterhouse in July, nearly two years after it shut the plant and axed hundreds of jobs.

Related Topics

Meatpacker Minerva seeking $350m to pay debts or takeovers

JBS shareholder to pay huge $3bn corruption fine

JBS appoints Tarek Farahat as chairman