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A year and a half after the brothers Joesley and Wesley Batista came to the surface, JBS, the owner of Friboi found his form – and both are R $ 2 , 5 billion richer. Today, the market value of the company – nearly $ 32 billion – is 23% higher than that of May 17, 2017, when Joesley's recordings with President Michel Temer were made public. The shares in the hands of the Baptists, who hold 40.6% of the company, now total 13 billion rubles.
One of the largest producers of beef in the world, the group also had its name last March in Meat Loose Operation who investigated irregularities and tipped Ministry of Agriculture. Even with the scuffed reputation, the group has managed to protect its business and increase sales of the company.
In May 2017, Joesley and Wesley left the board of directors of JBS and other companies under the control of the J & F holding company in order to contain the crisis and not to harm the empire of families. Since then, they have negotiated directly with banks and investors to divest part of their business to earn money and thereby avoid the anticipated recovery of receivables of about R $ 20 billion which ends until 2020.
Between May and August of last year, Mercosul refrigerators were sold (for Minerva ) and Alpargatas (for Itaúsa ). The following month, the brothers sold Eldorado Cellulose (for Paper Excellence ) and Vigor (for Mexico Lala ).
When the two brothers were arrested last September, José Batista Sobrinho Zé Mineiro, father and founder of JBS, returned to the command of the company, with the support of BNDES principal group partner, with 21.3% of the activity. Zé Mineiro's grandchildren – Wesley Batista Filho and Aguinaldo Gomes Ramos – have also joined the board of directors of the company.
Banks Heard by The State stated that 18 months after the group's biggest crisis, several investors had attempted to buy the shares of Baptists at JBS, but the brothers refused to sell all or part of their shares. even with a high price offered by the roles. The goal of these investors is to buy the BNDES tranche.
On the 18th of this month, Joesley, Wesley and two leaders who donated – Francisco de Assis and Ricardo Saud – will be heard by Edson's minister Fachin . , Federal Supreme Court (STF) . The defense of the informants requested that they be heard by Fachin. The Minister will decide whether or not to comply with the Attorney General's decision to set aside the consequences of the charges because the owners of JBS have concealed the information provided by the former Attorney Marcello. Miller to J & F in negotiations, while Miller was still a member of the Attorney General's Office. (F, f, b, e, v, n, t, s) {if (f.fbq) returns; n = f.fbq = function () {n.callMethod? n.callMethod.apply (n, arguments): n.queue.push (arguments)}; if (! f._fbq) f._fbq = n; n.queue = n.loaded = 0, n.version = 2.0 & # 39 ;; n.queue = []; t = b.createElement (e); t.async =! 0; t.src = v; s = b.getElementsByTagName (e) [0]; s.parentNode.insertBefore (t, s)} (window, document, script, // connect.facebook.net/en_US/fbevents. fbq (& # 39; init & # 39; ;, & # 39; 1659995760901982 & # 39;); fbq (& # 39; & # 39; & # 39;; PageView & # 39;);
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