New BNDES head Rabello says will not focus on past loans
RIO DE JANEIRO, May 26 The incoming head of Brazil's state development bank BNDES said on Friday he will not have a special focus on loans disbursed by the previous management.
March 17 Onex Corp
* Onex to sell usi insurance services for $4.3 billion
* Co and affiliates agreed to sell usi insurance services to an affiliate of kkr & co. l.p. And cdpq
* Onex corp says onex' portion of sale proceeds will be approximately $563 million, including carried interest of $65 million
* Onex - upon completion of deal , onex group will have received proceeds of approximately $2.1 billion, including a prior distribution of $181 million in 2015 Source text for Eikon: Further company coverage:
SAO PAULO, May 26 JBS SA, the world's largest meatpacker, said on Friday that the brothers Joesley and Wesley Batista, who own the company and are ensnared in a corruption scandal that threatens to topple Brazil's President Michel Temer, have resigned from senior posts.
SAO PAULO/CUIABÁ, May 26 An unfolding corruption scandal involving meatpacker JBS SA may reduce meat supply in Brazil, potentially benefiting rivals of the world's largest beef exporter, industry group Abrafrigo said.