National Beef: Jefferies Financial : Closes Sale of Its Remaining 31% of National Beef

(marketscreener.com) Jefferies Financial Group Inc. (NYSE: JEF) today announced that on Friday, November 29, it closed the previously announced sale of its remaining 31% holdings in National Beef to Marfrig and other shareholders. Jefferies received a total of approximately $970 million in cash, including concurrent distributions. The estimated pre-tax gain from this...http://www.marketscreener.com/JEFFERIES-FINANCIAL-GROUP-43482239/news/Jefferies-Financial-Closes-Sale-of-Its-Remaining-31-of-National-Beef-29667690/?utm_medium=RSS&utm_content=20191202