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Batista Brothers to Back Out of Talks for Banco Master Assets

Summary by Bloomberg
Joesley and Wesley Batista, the brothers who control meat giant JBS SA through their family holding J&F Investimentos SA, are no longer in talks to acquire some of Banco Master’s assets amid lingering concerns over the lender’s financial stability, according to people familiar with the matter.

Bias Distribution

  • 100% of the sources lean Left
100% Left
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Bloomberg broke the news in United States on Friday, May 16, 2025.
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