Before Brazil Police kicked off Operation Car Wash, Wesley and Joesley Batista were JBS S.A.’s principal shareholders.
And they are again today.
JBS S.A. is a Brazilian company that is the largest meat processing enterprise in the world. It produces factory-processed beef, chicken, salmon, and pork and sells by-products from
Continue Reading Wesley and Joesley Batista are back on JBS S.A.’s Board of Directors
JBS SA, the Brazil-based meat behemoth, was bracing for some challenging times over its plan for dual listing its stock but did not expect things to get so personal. However, a collection of United Kingdom Parliamentarians has decided to make it personal by organizing themselves as “Ban the Batistas,” which
Continue Reading MPs want the U.S. Securities and Exchange Commission to cut JBS out of American financial markets
JBS USA will hold its third quarter 2020 earnings conference call for the investment community this coming Friday, Nov. 13, 2020. There’s more than just the usual financial news to talk about. CEO Gilberto Tomazon has already told financial analysts that plans dating back to 2015 for an initial public
Continue Reading JBS, S.A. shareholders agree to sue Joesley and Wesley Batista
Wesley Batista, the former chief executive of JBS S.A. and his brother Jose, who was formerly JBS S.A. chairman, may now return to the management of J&F Investments SA, according to a ruling by Brazil’s Superior Court of Justice.
J&F Investments SA is the Batista family holding company that owns
Continue Reading With Brazil’s economy at pandemic risk, the Batista brothers are back
The controlling shareholder in Brazil’s JBS S.A., which in turn owns Greeley, CO-based JBS USA, is once again in federal custody in Brazil. Federal Police returned former JBS Chairman Joesley Batista to prison Friday morning, this time as part of their “Operation Carwash,” the 4-year old corruption probe involving the
Continue Reading Federal Police again arrest JBS shareholder Joesley Batista in Operation Carwash
The Chinese symbol for crisis is made up of symbols for both danger and opportunity.
And the Brazilian meat packing giant JBS S.A. has certainly been in a crisis during most of 2017, but an investment banker with expertise in emerging markets says there is an opportunity now in JBS,
Continue Reading Exotix says JBS weathered the crisis; public offering possible
Some U.S. cattle ranchers are seeing an opportunity in the way JBS Corp. has gotten itself tied up in Brazil’s political scandal. JBS USA is the wholly owned subsdiary of JBS S.A., the Brazilian corporation that is the world’s largest fresh beef and pork processor with sales of $52.3 billion
Continue Reading U.S. cattlemen see opportunity to reopen JBS anti-trust issue
Beef brothers Joesley and Wesley Batista appear to be surviving the scandal that may bring down Brazilian President Michel Temer. Shareholder challenges and reviews by U.S. regulators could still be ahead for the meatpackers in the near future.
However, their J&F Investments, the largest shareholder of worldwide meatpacker JBS SA,
Continue Reading Batistas agree to pay largest ‘leniency fine’ in Brazil’s history
When Federal Police in Brazil moved on several meatpacking plants on March 17, where meat inspectors were suspected of being on the take, no one could have predicted the probe would shortly be felt as far away as Northern Colorado and other North American locations with JBS USA facilities.
But
Continue Reading Presidential bribes likely to slow JBS USA’s independence day
