Meatpacker JBS agrees to merge its leather assets with the ones from Viva
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) ((Andre.Romani@thomsonreuters.com; 11 991314109;11 56447500;))
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