Meat Giant JBS to Enter Fish Market With $314M Huon Deal

August 10, 2021 Sybilla Gross, Bloomberg

JBS SA, the world’s biggest meat producer, is expanding into the fish business by acquiring Australian salmon producer Huon Aquaculture Group for A$425 million ($314 million). 

Meat Giant JBS Adds New Law Head After Facing Antitrust Scrutiny

April 23, 2021 Brian Baxter, Bloomberg

JBS SA, the world’s largest meat supplier, said Tuesday it hired Kevin Arquit for a new global legal role within its executive leadership team.

Owners of Meatpacker JBS To Pay $ 280M Fine Over Foreign Bribery Charges

October 16, 2020 SYLVAN LANE, The Hill

The Brazilian parent company of meatpacking conglomerate JBS SA has agreed to pay more than $ 280 million in fines to the Justice Department and Securities and Exchange Commission (SEC) to settle charges it violated federal anti-corruption laws.

JBS Posts World Best Meat Rally With Scandal in Rear-View Mirror

The world’s largest meat producer and its Pilgrim’s Pride Corp. unit both gained about 9 percent in the past five days, outperforming peers. JBS shares are at three-year highs and its bond spreads are the tightest versus rival Tyson Foods Inc. since March 2017 as demand prospects brighten and the company moves past a 2017 corruption scandal.