Sao Paulo | Reuters — McCain Foods, the world’s largest producer of frozen fries, has agreed to buy 70 per cent of Brazilian firm Serya for an undisclosed amount, in a deal that will allow the Canadian company to expand its footprint in Latin America’s largest market. The remaining shares of Serya are held by […] Read more
McCain Foods buys stake in Brazilian potato processor Serya
Brazil police detain JBS CEO
Sao Paulo | Reuters — Brazil’s federal police on Wednesday detained the chief executive of JBS SA, the world’s No. 1 meatpacker, saying he used insider information to avoid hefty losses related to a plea bargain he signed earlier this year. Wesley Batista, who has been at the helm of JBS since 2011, was detained […] Read more
Cyber-Savvy Farmer
