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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JBS Seeks Rest of Pilgrim’s Pride Stake in $1.2 Billion Deal
Pilgrim’s Pride Corp. shares jumped after meatpacking giant JBS NV offered to acquire the shares of the chicken producer it doesn’t already own in a stock deal valued at about $1.2 billion.
JBS proposes to acquire remaining shares in Pilgrim’s Pride
JBS proposes to acquire remaining shares in Pilgrim’s Pride
JBS Proposes to Acquire Remaining Stake in Pilgrim’s Pride
JBS, the world’s largest meatpacker, currently owns about 82% of Pilgrim’s Pride’s common stock.
JBS proposes to acquire remaining 18% stake in Pilgrim’s Pride
JBS proposes to acquire remaining 18% stake in Pilgrim’s Pride

