JBS has created a new parent company registered in the Netherlands and traded on the New York Stock Exchange (NYSE). This means the Brazilian brothers Joesley and Wesley Batista, who along with their company were involved in a bribery scheme, will likely have only to wait until June 12 to
Continue Reading The Batista brothers are eligible to ring the New York Stock Exchange bell
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USDA’s Quarterly Enforcement Report of all its current legal actions will sometimes report that inspection services are being denied because an applicant has been convicted of some minor crime.
When USDA’s Food Safety and Inspection Service doesn’t inspect a meat or poultry operation, those products are not
Continue Reading Batista brothers are back; opposition to NYSE listing has not gone away
JBS SA will have to wait until later this year for listings on the Brazilian and New York stock exchanges.
The Brazilian-based JBS SA is the parent company of JBS USA, which it acquired in 2007 when it purchased the assets of Swift & Co and became one of the
Continue Reading ‘Dual’ listing for giant meat company delayed until later in 2024
Since Brazil’s JBS in 2007 acquired assets of Swift & Company in North America, there’s been anticipation that it would eventually tap equity markets in the United States. Some expected it to spin off North America and maybe other units into a new public company separate from the Brazilian mother
Continue Reading Not everyone likes the dual listing plan for JBS