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View Full Version : JBS, Sadia Rally on Brazilian Government Credit Line - Bloomberg



NewsWhore
04-17-2009, 01:21 PM
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JBS, Sadia Rally on Brazilian Government Credit Line (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601086%26sid%3DawBoPmmFxtPc%26refer%3Dlatin_america&cid=1335592441&ei=J7zoSeO2PJPK6QOkxYDqBw&usg=AFQjCNGvptvtyL7qAdU7rHYxsNFZRAM7AQ)
Bloomberg
The Concordia, Brazil-based company is in talks to sell assets or be taken over after reporting a fourth-quarter loss of 2.04 billion reais on wrong- way bets on the Brazilian currency. “A rollover of such debt would be positive, but would not solve ...


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