JBS Reportedly Signs $150 Million Deal to Buy 80% Stake in Omani Food Business
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04:38 AM EST, 02/09/2026 (MT Newswires) -- JBS (JBS) has agreed to acquire an 80% stake in an Oman-based food company with a $150 million investment, news outlets reported Sunday.Oman Food Capital will reportedly retain a 20% stake in the business, which processes poultry, beef and lamb.Production is projected to start within six months for beef and lamb, and in a year for poultry, Reuters reported. MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.
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