Colombia’s Avianca may finalize partnership with United Continental this year: CEO

Colombian airline Avianca Holdings expects to finalize a partnership with United Continental Holdings in 2017, although board and regulatory approvals could delay finalization of the deal by up to a year, the airline’s chief executive, Hernan Rincon, said on Tuesday. But the strategic commercial partnership faces a legal challenge in New York from Avianca’s No.2 shareholder, Kingsland Holdings. Reuters reports. JBS plans to list U.S. unit as Brazil presses for CEO’s ouster JBS said it will proceed with plans to list a U.S.-based unit when market conditions allow, as the world’s biggest meatpacker wrestles with a shareholder revolt over the role of the controlling Batista family in a massive graft scandal. CEO Wesley Batista said JBS Foods International could be […]

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