We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type |
---|---|---|---|
Reebok Intl | NYSE:RBK | NYSE | Ordinary Share |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.00 | - |
RIO DE JANEIRO—Brazil's JBS SA, the world's largest meat processor, said Monday it has received a commitment for up to $1.2 billion of long-term financing to be used with cash on hand to pay for the acquisition of Cargill Inc.'s pork business in the U.S.
Earlier this month, JBS said its U.S. subsidiary Swift Pork Co. signed an agreement to buy its competitor's pork businesses for $1.45 billion.
In a statement, JBS said that the financial institutions providing the commitment are Credit Suisse AG, Bank of America Merrill Lynch and Rabobank Nederland.
Combined with Cargill's pork operations, JBS's U.S. pork businesses would have sales of around $6.3 billion and the capacity to process a total of 89,300 animals a day. Those figures would put it behind only Smithfield Foods Inc. in the pork segment in the U.S.
Write to Luciana Magalhaes at Luciana.Magalhaes@dowjones.com
Access Investor Kit for JBS SA
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=BRJBSSACNOR8
Access Investor Kit for JBS SA
Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US4661101034
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
1 Year Reebok Chart |
1 Month Reebok Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions