IEG Vu is part 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


JBS parent company pulls out of Delta

J&F, JBS’ parent company, announced on Friday (June 1) that it has canceled the memorandum of understanding providing for the management of the controller of construction company, Delta, and the option to purchase a controlling interest in the Delta Group.

The prolonged crisis of confidence in Delta has deteriorated the economic and financial scenario for the construction company, generating negative cash flow and substantially altering the initial conditions.

As stated in the preliminary contract signed between J&F and Delta’s controller, unexpected or adverse events allow J&F to terminate the memorandum of understanding with no fines or penalties due.

Information provided by J&S



What to read next




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