JBS SA (JBSAY) has released an update.
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JBS S.A. has addressed recent media speculation regarding its potential acquisition of Oscar Mayer, stating there is no binding agreement at present. The company emphasized its routine evaluation of various business opportunities to fuel growth, though it refrained from commenting on press speculation. This comes amid reports suggesting a strategic interest from multiple parties in Oscar Mayer, a renowned brand owned by Kraft Heinz.
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