IEG Vu is part of the Business Intelligence Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. Please do not redistribute without permission.

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

JBS Group close to buying Delta

The purchase of Delta Engenharia is practically a done deal by the J&F Group, the holding company which controls JBS, 30% of which is held by Brazil’s state-owned development bank, BNDES. The price has not been decided on.

Negotiations are taking place between Joesley Batista, of JBS, and Ferdinand Cavendish, the owner of Delta. The federal government is very interested in the deal, as Delta has more contracts as part of the Growth Acceleration Program (CAP) than any other company.

Delta was offered for sale because it is at the heart of a parliamentary investigation involving Carlinhos Cachoeira, looking into links between him and public and private agents - among them, Delta.

Information provided by IstoÉ Dinheiro

 

Advertisement

Topics

What to read next

Advertisement
UsernamePublicRestriction

Register

CO193399

Ask The Analyst

Please fill in the form below to send over your enquiry or check the Ask The Analyst Page to find out more about the service

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel