Brazil`s JBS shuts seven plants after $230 million asset freeze
(World News Brazil)

Brazilian meatpacker JBS SA shut down its seven slaughterhouses in the state of Mato Grosso do Sul due to a court-ordered $230 million asset freeze, a press representative said on Wednesday. The asset freeze, which affects JBS SA and the group`s holding company J&F Investimentos, is related to a tax matter in Mato Grosso do Sul. ......