Monday, June 25, 2007

UPDATE 1-Swift & Co. names Batista CEO, replaces Rovit

(Reuters) - J&F is the controlling shareholder in Brazilian beef
company JBS-Friboi . Batista is currently executive
director of operations at JBS, which is Latin America's largest
beef processor.




The purchase of Swift was announced in May with J&F paying
$225 million in cash and assuming about $1.2 billion of Swift's
debt.


Read more at Reuters.com Bonds News

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