Leucadia: Jefferies Financial Group Closes Sale of 48% of National Beef to Marfrig, Reducing Jefferies' Ownership in National Beef to 31%

NEW YORK-(BUSINESS WIRE)-Jefferies Financial Group Inc. (NYSE:JEF), formerly known as Leucadia National Corporation, today announced that it has closed its previously announced sale of 48% of National Beef to Marfrig, reducing Jefferies' ownership in National Beef to 31%. Jefferies received a total of about $1.1 billion in cash, including sales proceeds and related pre-closing distributions. ...