Sao Paulo | Reuters –– JBS SA, the world’s largest meat packer, is ready to take on a slew of acquisitions next year, chairman Joesley Batista said Tuesday.
The Brazilian company controls assets in the U.S., Canada, Australia and other countries. Batista, speaking on the sidelines of a telecommunications industry event in São Paulo, declined to elaborate on potential takeover targets.
Shares of JBS rose following Batista’s remarks, gaining 1.6 per cent to 15.41 reais.
— Reporting for Reuters by Luciana Bruno; writing by Guillermo Parra-Bernal.