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Brazilian Bank Eyes Options to Unload $4 Billion Stake in JBS.
- Source :
- Bloomberg.com; 10/1/2021, pN.PAG-N.PAG, 1p
- Publication Year :
- 2021
-
Abstract
- The sale of the JBS stake has been expected as part of the broader bank's plan to exit investments in private companies to replenish state coffers. (Bloomberg) -- Brazil's state development bank is weighing options to unload $4 billion in JBS SA stock rather than just selling the stake through a public offering as shares in Brazilian meatpacker soar, according to people familiar with the matter. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 152737762