JBS SA (JBSS3.SA)
19 Sep 2017
|Market Cap(Mil.):||R$ 23,194.35|
SAO PAULO, Sept 19 Brazil's JBS SA has threatened legal action against BNDES in an official after the state development bank's chief executive officer made remarks about the board meeting that appointed a new CEO at the meatpacker.
RIO DE JANEIRO/SAO PAULO, Sept 18 JBS SA's decision to replace the Brazilian company's jailed chief executive with his father was a sign of "deviousness" and should be investigated, the head of state development bank BNDES, the company's second-largest shareholder, said on Monday.
BRASILIA, Sept 18 JBS SA Chief Executive Jose Batista Sobrinho, who took leadership of the beleaguered meatpacker over the weekend, has nominated his grandson, Wesley Batista Jr, to lead South America operations, the company said in a stock exchange filing on Monday.
SAO PAULO, Sept 18 Brazilian meatpacker JBS SA said in an emailed statement on Monday that its board's decision to appoint the company founder as the new chief executive was properly carried out in the "best interest of all stakeholders."
RIO DE JANEIRO, Sept 18 The controlling Batista family lacks the proper sense of corporate governance needed to run JBS SA, the Brazilian meatpacking giant whose owners are ensnared in a corruption scandal, a top government official said on Monday.
SAO PAULO, Sept 17 The board of JBS SA voted to name company founder Jose Batista as chief executive, the world's largest meatpacker said on Sunday, after his son Wesley was jailed by Brazil's federal police on allegations of insider trading.
Sept 17 The board of JBS SA, the world's largest meatpacker, has appointed company founder Jose Batista as its new chief executive, the company said on Sunday.
SAO PAULO, Sept 17 The Batista family, which controls JBS SA, will nominate Wesley Batista Jr. as the meatpacker's next chief executive officer on Monday, newspaper O Globo reported on Sunday.
SAO PAULO, Sept 15 A Brazilian appeals court denied on Friday two habeas corpus requests for the Chief Executive Officer of JBS, Wesley Batista, and his brother Joesley. Both are now in custody in São Paulo.
BRASILIA Brazilian President Michel Temer was charged with obstruction of justice and racketeering on Thursday, according to a statement posted on the prosecutor general's office website, threatening to delay the government's economic reform agenda in Congress.