Zing Tsjeng
speaker
4,926 appearances
19 recordings
9 series
first heard May 2026
last heard 3 Aug
Zing Tsjeng’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 19 in all, peaking in Jun 2026 with 11.
Appearances
So just a few months later, the Batista brothers made their biggest acquisitions, which finally gave them access to that US meat market.
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They bought a company called Swift & Co.,
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which was the third largest beef and pork processor in the US.
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It's also the largest beef processor in Australia.
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It's got annual sales of $9 billion.
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Buying it cost them $1.4 billion and a substantial portion of the financing for all of that.
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came from Bindis, which bought around $500 million worth of new JBS shares.
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Keep your eye also on that development bank, because I think that these are big loans that the Bindis is extending to them.
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And one would say outsize for a company of their size at that time.
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But they weren't nearly done yet.
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Over the next decade, JBS acquired more than 40 rivals on four continents.
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And when the US dollar was weaker, the brothers bought more American companies, including Smithfield Foods, for half a billion dollars.
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And they're about to spend half a billion again to acquire a US company called National Beef.
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But the deal fell through after antitrust challenges, that's competition concerns from the US Justice Department, who claimed the takeover would result in lower prices paid to cattle suppliers and higher beef prices for consumers.
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This means that when a company gets too big they start calling the shots on the terms which means that the suppliers of the beef get squeezed because you can't argue with this big colossus and it means that they can also have control of the pricing of the end product.
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Competition authorities around the world keep an eye on this kind of stuff.
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We've seen it in every company.
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It goes from meat all the way to the biggest technology companies in the world.
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Yeah.
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Yeah.
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Showing 81–100 of 4,926 · page 5 of 247
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