SAO PAULO, April 22 (Reuters) - Wesley Batista, a
shareholder of conglomerate J&F, on Monday said the company
plans to invest 50 billion reais ($9.6 billion) in Brazil over
the coming years, including 25 billion reais in its pulp and
paper business Eldorado Papel e Celulose.
Confirmation of the investment, which would raise Eldorado's
pulp production capacity by 2.6 million metric tons, hinges on
solving an ongoing legal dispute with an Eldorado shareholder,
Batista said.
J&F owns the world's largest meatpacker JBS SA
and has interests in mining and banking.
($1 = 5.2032 reais)