(JBSs.infoinvest.com.br)

JBS sells LatAm units to Minerva

Sao Paulo | Reuters — JBS SA has agreed to sell plants in Argentina, Paraguay and Uruguay to rival Minerva SA for US$300 million, as the world’s largest meatpacker seeks cash to weather a corruption scandal that caused a spike in funding costs. JBS will use proceeds from the transaction to cut debt, according to […] Read more

(JBSS.infoinvest.com.br)

JBS parent to pay record fine in leniency deal

Brasilia/Sao Paulo | Reuters — J+F Investimentos, controlling shareholder of the globe’s largest meatpacker JBS SA, agreed to pay a record-setting 10.3 billion real (C$4.3 billion) fine for its role in corruption scandals that threaten to oust President Michel Temer, Brazilian prosecutors said. The settlement means that Brazil’s three-year sweeping graft investigations have now led […] Read more











The Collins Bay Institution at Kingston, Ont. includes maximum, medium and minimum security facilities for up to 720 male inmates. (CSC-scc.gc.ca)

Four farmers named to panel on Ontario prison farms

Four eastern Ontario farmers have been named to a new seven-member advisory panel on the “potential reopening” of two federal penitentiary farms at Kingston. Correctional Service Canada (CSC) on Thursday announced the panel members, who are expected to hold their first meeting next month and to “engage with community stakeholders” on the farms’ possible reopening. […] Read more