Meatpacker JBS agrees to merge its leather assets with the ones from Viva

Jbs NV

25/11/2025 21:52

SAO PAULO, Nov 25 (Reuters) - Brazilian meatpacker JBS Z98.F said on Tuesday it had signed a binding memorandum of understanding with the shareholders of Viva to combine both firms' assets related to leather production and commercialization.

In a securities filing, JBS said the new company will be called JBS VIVA and will be owned 50% by JBS and 50% by Viva's shareholders.

 (Reporting by Andre Romani, Editing by Natalia Siniawski)

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