UPDATE 1-Brazil's JBS says to abandon long-running search for acquisitions
March 12, 2015 at 12:47 PM EDT
SAO PAULO, March 12 (Reuters) - Brazilian meats company JBS SA plans to focus on Australia, its U.S. pork operations and its processed foods division under a 2015 strategy focused on "organic expansion" rather than acquisitions, CEO Wesley Batista said on Thursday.