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From Chicken to Rockets, J&F's Batista Brothers Become Weapons Manufacturers with Avibras

Brothers Joesley and Wesley Batista, owners of holding company J&F, will take control in October of Avibras, the country's leading weapons manufacturer, following a crisis that led to the longest strike in Brazilian history. The deal, estimated at R$300 million, was closed on August 21 by Globe Investimentos, the Batista family office, which acquired control of the Brasil Cr�dito fund, the…

We haven't written up this one. Folha de S.Paulo (English) has the full story — the link below goes straight to it.

Read the original at redir.folha.com.br →

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