Brazil: The Family Behind JBS Wants to Buy a Cement Empire

Key Points — J&F, the Batista family’s holding company behind JBS, is evaluating the acquisition of CSN Cimentos in a deal valued at R$10 billion (~$1.8 billion) including debt — The sale is the centerpiece of steelmaker CSN’s plan to raise up to R$18 billion (~$3.2 billion) and bring down net debt that has ballooned […]