Sao Paulo, Brazil-based JBS, who is now bidding for Tasmanian salmon farmer Huon Aquaculture, has caught the attention of two US Senators for its rapid expansion and consolidation of the meat sector.
Democratic New Jersey Senator Bob Menendez and Republican Florida Senator Marco Rubio announced earlier this month urged US Secretary of the Treasury Janet Yellen to renew their request that the US Committee on Foreign Investment in the United States (CFIUS) conduct a formal review of the transactions of JBS, its holding company J&F Investimentos, and any entity controlled by owners Wesley and Joesley Batista, whose wealth the lawmakers estimated at $6 billion (€5.1
