In São Paulo and Brasília, a corporate clash unfolds over Eldorado Brasil, a leading pulp manufacturer. This battle features Brazilian conglomerate J&F Investimentos and Indonesian firm Paper Excellence. It pits two heavyweight investors against each other, with stakes exceeding R$15 billion (approximately $2.63 billion). Originating in 2017 amidst J&F’s corruption allegations from Operation Car Wash, […]
