May 18, 2017 / 11:42 PM / 2 months ago

Brazil meatpacker JBS says executives to pay 225 mln-real fine

1 Min Read

SAO PAULO, May 18 (Reuters) - Brazil's JBS SA, the world's largest meatpacker, said on Thursday that seven of its executives and its parent company J&F Investimentos had signed plea agreements with prosecutors regarding the country's widest-ever corruption probe.

In a securities filing on Thursday, JBS said the executives will pay a 225 million reais ($67 million) fine.

$1 = 3.3685 reais Reporting by Tatiana Bautzer; Editing by Christian Plumb and Sandra Maler

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