JBS SA (JBSS3.SA)
R$ 0.04 (+0.47%)
|Market Cap (Mil.):||R$ 25,020.97|
|Shares Outstanding (Mil.):||2,943.64|
- Pilgrim's Pride Corp , the second largest U.S. chicken processor, has lined up a number of banks to help finance its offer for Hillshire Brands Co as it escalates its bidding war with Jimmy Dean sausage maker Tyson Foods Inc , according to people familiar with the matter.
* JBS, Marfrig, Bunge Brasil pushing for emissions reporting
- Pilgrim's Pride Corp on Tuesday offered to buy Hillshire Brands Co in an all-cash deal valued at $6.4 billion, as the world's second-largest chicken processor seeks to expand its protein footprint with Hillshire's sausages and lunch meats. | Video
(Corrects JBS's stake to 75 percent from 68 percent in paragraph 6)
Brazil's JBS SA, the world's largest meatpacker, will monitor market conditions before moving forward with an initial public offering of its food processing unit JBS Foods, Chief Executive Officer Wesley Batista said at an event on Thursday.
BRASILIA, May 20 - JBS S.A., Latin America's biggest beef producer, expects to raise about 5 billion reais ($2.26 billion) from an initial public offering by its wholly-owned food processor unit JBS Foods, a company source said on Tuesday.
SAO PAULO, May 14 - Brazilian meats company JBS SA posted a net profit of 120 million reais ($54 million) in the first quarter, less than half the 242.2-million-real gain a year earlier, the world's biggest meats producer said in a filing late on Wednesday.
(Repeats story published late Wednesday; no changes to text)
MOSCOW, March 26 - Russia has imposed temporary limits on Australian beef imports from a subsidiary of Brazil's JBS SA, the world's biggest meat producer, after detecting a growth hormone it prohibits, its veterinary and phytosanitary service (VPSS) said.
SAO PAULO - Brazil's JBS SA , the world's largest meat packer, said on Tuesday that financial benefits from acquiring processed foods brand Seara from its rival Marfrig SA were exceeding expectations.
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