The Market's Fine Print

The JBS Decade

From 2007 to 2017, JBS has spent more than $20 billion on roughly 22 different acquisitions. (Logo courtesy of JBS; DTN photo illustration by Nick Scalise)
Over the past decade, JBS has spent more than $20 billion on roughly 22 different acquisitions, including in the U.S. Such non-ending leverage and rapid capital formation just seemed too good to be true. As a massive corruption scandal has unfolded in recent...

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