Tuesday, October 25, 2016

Rumors of the sale point Force by J&F; holding denies the transaction

The J&F intends to sell the place. That''s what says the columnist Lauro garden, in the newspaper O Globo this Sunday (23). Second garden, the holding company has already hired an investment bank to carry out the deal. The Force was purchased by J&F in 2009. The company is one of the most traditional of the country, owner of the brands force, Blue Ribbon, Danubio, Leco and Serrabella. In the hands of the J&F, the Force won financial to buy breath in 2013, 50% of the Itambé, for 450 million R$.
However, according to J&F''s note, "the company is not selling the Force and therefore not hired an investment bank to perform any transaction in this sense. The J&F, in contrast, has received several proposals to buy the company, but the controllers aren''t interested in selling it. "
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