Thursday, May 10, 2007

Brazil's JBS-Friboi confirms bid for Swift & Co.

(Reuters) - Market estimates put the bid at around $1.5 billion, but JBS-Friboi had no comment.

Swift is the third largest beef and pork processor in the United States, with annual sales of about $9 billion. Based in Colorado, it is also the largest beef processor in Australia.


Read more at Reuters.com Mergers News

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