JBS, the world's top beef processor, could team up with a group of buyout firms as it seeks alternatives to win control of Sara Lee Corp (SLE.N), a source with knowledge of the plans told Reuters on Tuesday. Private equity firms have pursued Sao Paulo-based JBS (JBSS3.SA) since reports about a potential bid for Sara Lee arose late last year, the source said. No accord over a joint bid has been reached, said the source, who declined to be quoted by name because the talks remain private. Asked whether JBS could join with private equity funds for the purchase, the source said, "it is certainly an alternative."
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