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According to the Estadão, a year and a half after the charges regarding Joesley and Wesley Batista were revealed, JBS, the owner of Friboi, regained 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 stock in the hands of Baptists, who hold 40.6% of the company, now totals $ 13 billion.
One of the largest beef producers in the world, the group also took its name last March. in Operation Flesh, which investigates irregularities and bribe payments to agents of the Ministry of Agriculture.
To master the crisis and prevent the breakup of the family empire, Joesley and Wesley left, in May 2017, the board of directors of the company. JBS and other companies under the control of J & F Holding Company. Since then, they have negotiated directly with banks and investors in order to divest part of their business to earn money and thereby avoid the anticipated recovery of debts of about R $ 20 billion that expire until 2020.
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the two brothers were arrested last September, José Batista Sobrinho, Zé Mineiro, the father and founder of JBS, returned to the command of the company, with the support of BNDES, the group's main partner, with 21.3% of the company. Zé Mineiro's grandchildren – Wesley Batista Filho and Aguinaldo Gomes Ramos – have also joined the board of directors of the company.
Several banks said that 18 months after the biggest crisis of the group, several investors had tried to buy the stake. Baptists at JBS, but the brothers refused to sell all or part of their stock, even with a strong reward offered by the roles.
Joesley, Wesley and two leaders who donated – Francisco de Assis and Ricardo Saud – will be heard by Minister Edson Fachin of the Federal Supreme Court (STF). The defense of the informants requested that they be heard by Fachin. The Minister will decide whether or not to abide by the Attorney General's (PGR) decision to nullify the effects of the allegations, as the JBS owners allegedly hid the so-called instructions of former Attorney Marcello Miller to J & F in the negotiations, while Miller was part of the prosecution. All deny.
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