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