Brazil's JBS sees $50 mln in Moy Park synergies; stable leverage

martes 23 de junio de 2015 09:35 GYT
 

SAO PAULO, June 23 (Reuters) - Brazilian meat packer JBS SA said on Tuesday that its purchase of local rival Marfrig Global Foods SA's European Moy Park unit will lead to $50 million a year in synergies.

JBS Chief Executive Officer Wesley Batista said on a conference call that the company's debt levels would remain little-changed by the transaction. (Reporting by Gustavo Bonato; Editing by Chizu Nomiyama)