Batista Brothers to Back Out of Talks for Banco Master Assets
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Batista Brothers to Back Out of Talks for Banco Master Assets
Joesley and Wesley Batista, the brothers who control meat giant JBS SA through their family holding J&F Investimentos SA, are no longer in talks to acquire some of Banco Master’s assets amid lingering concerns over the lender’s financial stability, according to people familiar with the matter.
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