JBS completes Vigor Alimentos sale to Grupo Lala

By Leesa Zalesky


Last August, JBS SA communicated to its shareholders and to the market in general that it was selling its 19.43% shareholding interest in Vigor Alimentos S.A, a dairy company, to Grupo Lala for roughly $1.84 billion. JBS told shareholders it intended to use a portion of the proceeds from this transaction to further reduce debt in

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