Brazil's BNDES Rakes In $472 Million With Sale of JBS Stake.

Keywords: BBTG11@BZ; JBSS3@BZ; KLBN4@BZ; PETR4@BZ; SUZB3@BZ; VALE3@BZ; ALLTOP; BASIC; BRAZIL; BUSINESS; CMD; CONS; CONSS; COS; GOV; INDUSTRIES; LATAM; LATTOP; MARKETS; PAC; STK; WORLD; WWTOP EN BBTG11@BZ JBSS3@BZ KLBN4@BZ PETR4@BZ SUZB3@BZ VALE3@BZ ALLTOP BASIC BRAZIL BUSINESS CMD CONS CONSS COS GOV INDUSTRIES LATAM LATTOP MARKETS PAC STK WORLD WWTOP Brazil's development bank began to unload its JBS SA holdings as shares of the world's largest beef producer trade near their all-time high. Last October, BNDES scrapped a plan that focused solely on selling JBS shares through a follow-on offering as it wanted the flexibility to pursue a block trade deal or sell the stock in the market, people familiar said at that time. [Extracted from the article]