BNDES hires banks to sell $1.19bn stake in JBS
Brazilian development bank BNDES has hired the investment banks Banco Bradesco, Banco BTG Pactual, Itau Unibanco Holding, Bank of America and UBS Group to sell a partial stake in meatpacker JBS in a share offering.BNDES had asked banks for proposals to sell a stake worth at least BRL5 billion ($1.19...