The company reported a jump in net financial expense in the quarter.

The sale of the world’s largest cattle-feeding operation is valued at $200 million.

Thomas Lopez joins the pork company after working at Kraft-Heinz.

The future remains unclear for the world’s largest meat packer and the billionaire family behind it.

The company took a $706 million charge as part of a tax debt refinancing program.

Tim Schellpeper most recently led Maschhoff Family Foods.

The move comes as the company joins a tax renegotiation program.

Grupo Lala bought the company’s shareholding interest in Vigor Alimentos for $250 million.

O’Callaghan replaces Tarek Farahat who took over in May.

The transaction enabled the meatpacker to buy US assets.