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Fitch: Takeover Bid of Cargill's Pork Business Neutral to JBS' Credit Quality

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NEW YORK--(BUSINESS WIRE)--Fitch Ratings views a recently announced takeover bid by Swift Pork Company, which is indirectly controlled by JBS S.A (JBS), as neutral to JBS' credit profile. The takeover bid would transfer to the Swift Pork Company certain assets, properties, rights and liabilities, operations and the right of Cargill Meats ownership into Cargill Pork LLC relative to creation, purchase and slaughtering of hogs, and processing and sale of pork products. These pork processing facili

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