Jbs-a Stock News

Brazilian billionaire Joesley Batista, one of ​the owners of meatpacker ‌JBS , met U.S. President Donald Trump on August 20 ​to discuss how ​additional beef supply from ⁠Brazil could help ​tame U.S. beef prices ​if Trump dropped a 26% import tax, the Wall ​Street Journal reported ​on Monday, citing people familiar with ‌the ⁠matter.

Trump's plan to allow more beef imports could ease hamburger prices while adding pressure on meatpackers Tyson Foods and JBS.

Brazil's JBS , the world's largest meatpacker, on Tuesday proposed acquiring the remaining shares of ​Pilgrim's Pride PPC.O, seeking full control of the U.S. ‌poultry producer.

JBS, the world's largest meatpacker, currently owns about 82% of Pilgrim's Pride's common stock.

AMSTELVEEN, Netherlands--(BUSINESS WIRE)--JBS N.V. (“JBS,” “we” or “us”) (NYSE: JBS; B3: JBSS32) today announced that it has submitted a non-binding proposal to the Board of Directors of Pilgrim's Pride Corporation (NASDAQ: PPC) (“PPC”) to acquire all of the outstanding shares of common stock of PPC that are not owned by JBS or its affiliates for a fixed exchange ratio of 2.086 JBS Class A comm...

Brazil's ​JBS , the ‌world's largest meatpacker, will ​announce ​on Monday Wesley ⁠Batista Filho ​as its ​new chief executive officer, newspaper ​O ​Globo reported, without citing ‌how ⁠it got the information.

JBS has agreed ​to form a ‌joint venture with PT Danantara (DIM), an ​arm of ​Indonesia's sovereign wealth fund, ⁠to pursue ​investments in protein ​production across Indonesia, Southeastern Asia, Australia and New ​Zealand, it ​said on Friday.