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Brazil’s meat giant JBS’s stock price surge boosts Batista brothers’ fortunes

RIO DE JANEIRO, BRAZIL - Just under four years ago, brothers Joesley and Wesley Batista were in prison cells with concrete bunks, their multibillion-dollar meat empire at risk in one of the world's biggest corporate corruption scandals.

Today, they are free, and JBS, the world's largest meat processing company, is back in the global takeover game. The company, worth three times what it was once worth in 2017, is buying assets worldwide and expanding an operation that already includes more than 20 countries and a quarter of U.S. beef processing capacity.

Together, the Batista brothers own a . . .

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