DealsJBSTue, Aug 18, 2026, 11:36 PMPositive

JBS Proposes $1.2 Billion Acquisition of Remaining Stake in Pilgrim’s Pride

JBS NV has proposed to acquire the remaining 18% of Pilgrim’s Pride Corp. shares it does not already own in a stock deal valued at approximately $1.2 billion. This move follows JBS's current ownership of about 82% of the chicken producer's common stock, leading to a surge in Pilgrim’s Pride shares.

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