JBS USA Pork announced July 1 that it has entered into an agreement with Cargill to acquire the company's U.S.-based pork business for $1.45 billion.
"Today's announcement of our agreement to purchase the Cargill pork operations is a strategic investment in the long-term growth of our domestic and global pork business and demonstrates our continued commitment to the U.S. livestock sector," said Martin Dooley, president and chief operating officer o
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