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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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HS Hyosung Advanced Materials Breaks Ground in Vietnam

HS Hyosung Advanced Materials is investing $100 million (about 130 billion won) in Da Nang, Vietnam, to establish a large-scale carpet production base.HS Hyosung Advanced Materials held a…

  • HS Hyosung Advanced Materials invests $100 million in Da Nang, Vietnam.
  • Groundbreaking ceremony held on September 29 at Tam Thang Industrial Zone.
  • New plant to produce eco-friendly carpet materials by 2029.

More from Wednesday 30 September →