JBS Reported Stalking Sarah Lee

JBS Reported Stalking Sarah Lee


Sara Lee is considering selling itself to Brazilian meat producer JBS, according to the Wall Street Journal, which cites sources familiar with the situation. Based on Sara Lee's stock price Friday, it has a market capitalization of $11bn. JBS, the world's largest beef producer, approached Sara Lee, and discussions between the companies have been on and off over several months, the Wall Street Journal says. Sara Lee has been considering JBS' offer more seriously lately, it adds. Mexico’s Bimbo la

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