World

Brazil meatpacker JBS says executives to pay 225 million-real fine

Published: 7:55 AM, May 19, 2017

SAO PAULO - Brazil's JBS SA <JBSS3.SA>, the world's largest meatpacker, said on Thursday that seven of its executives and its parent company J&F Investimentos had signed plea agreements with prosecutors regarding the country's widest-ever corruption probe.

In a securities filing on Thursday, JBS said the executives will pay a 225 million reais ($67 million) fine. REUTERS