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

ReutersNov 25, 2025 10:07 PM

- 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.

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