JBS to buy Tyson poultry operations in Mexico, Brazil

JBS to buy Tyson poultry operations in Mexico, Brazil

TYSON Foods Inc. has reached a definitive agreement with JBS S.A. to sell its poultry businesses in Mexico and Brazil, the two companies announced last week.

The total price to be paid is $575 million, $400 million of which corresponds to the value of the operation in Mexico and $175 million of which corresponds to the operation in Brazil.

Both transactions will be paid in cash and are subject to approval by the competent re

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