DealsJBSTue, Aug 18, 2026, 11:36 PMPositive

JBS Seeks Rest of Pilgrim’s Pride Stake in $1.2 Billion Deal

JBS NV has proposed to acquire the remaining shares of Pilgrim’s Pride Corp. in a stock deal valued at approximately $1.2 billion, causing a significant rise in Pilgrim’s Pride shares. Currently, JBS owns about 82% of the company.

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