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Stock impact report

U.S. senators call for probe of Brazilian meatpacker JBS [Reuters]

JBS S A S/ADR (JBSAY) 
NASDAQ:AMEX Investor Relations: jbss.infoinvest.com.br/?idioma=enu
Company Research Source: Reuters
U.S. senators call for probe of Brazilian meatpacker JBS BRASILIA (Reuters) - Two U.S. senators called on the U.S. Treasury on Tuesday to open an investigation into the world’s largest meat processing company, Brazil’s JBS S.A. ( JBSS3.SA Senators Marco Rubio and Robert Menendez sent a letter to Treasury Secretary Steven Mnuchin asking that the Committee on Foreign Investment in the United States (CFIUS) review transactions by JBS, which has bought several American meat companies in recent years, Rubio’s press office tweeted. “This meat-processing conglomerate has engaged in illicit financial activities and has business ties with the Maduro regime,” the Twitter post said. A JBS representative did not respond to a request for comment. Venezuela’s Information Ministry also did not immediately respond to a request for comment. U.S. President Donald Trump’s government has imposed sanctions on dozens of top Venezuelan officials as well as state oil company PDVSA in an effort to remove Madu Show less Read more
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