JBS’s press office described it as no more than a rumour and affirmed that any information on the company would be communicated to the market directly and immediately. In an internal memo, Bertin also denied it was being sold.
JBS-Friboi deny Bertin negotiations
The JBS group have denied that they have been in negotiation with the development bank BNDES to agree a loan to purchase Bertin, the second largest meat packer in Brazil. The move could have created a monopoly with a single company controlling 20% of Brazilian slaughter.
