More foreign ownership of U.S. beef processors raises food safety concerns

More foreign ownership of U.S. beef processors raises food safety concerns

Christopher Walljasper

Investigate Midwest

In November, the Brazilian-owned meatpacker Marfrig Global Foods S.A. announced it would acquire 31% of National Beef from New York City-based investment bank Jefferies Financial Group for $970 million. This comes after an initial purchase of around half the Kansas City, Missouri-based company in June 2018.

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