26 de octubre de 2016 / 12:22 / hace 10 meses

BRIEF-Brazil JBS scraps reorganization plan after shareholder opposition

Oct 26 (Reuters) - Brazil's JBS SA, the world's largest beef exporter, on Wednesday says:

* Major shareholder BNDES Participações SA, the investment arm of Brazil's state development bank BNDES , opposes the company's corporate restructuring which would put headquarters of international division offshore

* JBS is canceling implementation of reorganization plan due to BNDESPar veto

* Company will hold conference call to discuss the decision at 1 p.m. local time Wednesday (1500 GMT) Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below