JBS announced on Wednesday that it has entered into the leniency agreement with the Brazilian federal prosecutor’s office, although it has changed the payback time to 25 years.
Agreement
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This leniency agreement includes the payment of R$10.3 billion (€3bn) over 25 years payable solely by J&F and as it relates to JBS includes federal police investigations known as Bullish and Weak Flesh.
The Company’s Management said it will keep the market informed about the developments of this agreement as they relate to JBS.
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JBS announced on Wednesday that it has entered into the leniency agreement with the Brazilian federal prosecutor’s office, although it has changed the payback time to 25 years.
Agreement
This leniency agreement includes the payment of R$10.3 billion (€3bn) over 25 years payable solely by J&F and as it relates to JBS includes federal police investigations known as Bullish and Weak Flesh.
The Company’s Management said it will keep the market informed about the developments of this agreement as they relate to JBS.
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