Reported about 8 hours ago
JBS, the world's largest meat company, views the European meat market as fragmented and ripe for acquisitions, according to major shareholder Wesley Batista. Speaking at a live event, he noted that while the company can pursue acquisitions in Europe, competition concerns limit growth opportunities in the U.S. and Brazil. Additionally, Batista highlighted a rise in demand for protein, partly driven by the use of weight-loss drugs among Americans.
Source: YAHOO