UPDATE 1-Brazil's JBS says to abandon long-running search for acquisitions

SAO PAULO, March 12 (Reuters) - Brazilian meats company JBS SA plans to focus on Australia, its U.S. pork operations and its processed foods division under a 2015 strategy focused on "organic expansion" rather than acquisitions, CEO Wesley Batista said on Thursday.

from Reuters: Company News http://ift.tt/1EDdIyY

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