Deals
JBS to Buy Cargill’s U.S. Pork Business for $1.45 Billion
This article is for subscribers only.
JBS SA, the world’s largest meat processor, agreed to buy Cargill Inc.’s U.S. pork business for $1.45 billion as part of the Brazilian company’s global expansion.
“This transaction will strengthen our position as a producer and supplier of all major animal proteins around the world,” Martin Dooley, president and chief operating officer of JBS’s U.S. pork unit, said in a statement Wednesday.