Brazil prosecutors say reach 'impasse' over size of fine in JBS deal

Brazil prosecutors say reach 'impasse' over size of fine in JBS deal

Nacho Doce

The prosecutors said in a statement that they are seeking a fine of 11.169 billion reais ($3.43 billion) over a 10-year period, while JBS' parent, J&F Investimentos, is seeking a payment of 1 billion reais. The public proscutor's office said its proposal would expire if it is not accepted by midnight on Friday.

(Reporting by Christian Plumb; Editing by Alonso Soto and Daniel Flynn)

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