SAO PAULO: Brazilian billionaire brothers Wesley and Joesley Batista are making a debut in the oil and gas industry through the family company Grupo J&F’s acquisition of Fluxus, which has agreed to take over production assets in Argentina.
Fluxus co-founder Ricardo Savini will hold the role of chief executive officer at the unit, with the other founders, Jorge Lorenzon and Vitor Abreu, also remaining in management, Grupo J&F said in an emailed statement.
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