Tagged: JBS
News (8)
NewsJBS net income falls 72% as China beef quota cuts Brazil exports
JBS N.V. reported third-quarter net income of US$164 million, down 72%, as the completed 2026 China beef quota curbed Brazilian shipments and outweighed a recovery in US beef margins.
NewsJBS faces 14 European complaints alleging laundering of Amazon deforestation proceeds
A coalition of advocacy groups has asked regulators and prosecutors in Britain, Ireland, Germany and the Netherlands to investigate JBS, its lenders and advisers over alleged money laundering.
NewsPilgrim's Pride board forms special committee to review JBS buyout offer
Independent directors will assess JBS's unsolicited bid for the roughly 18% of the US poultry producer it does not already own, valued at $28.49 per share.
NewsBrazil's Mantiqueira to invest R$565 million to lift egg output 50% by 2028
The JBS-backed producer will add capacity for more than 7 million birds across five states, including a new feed mill in Santa Catarina.
NewsJBS shareholder met Trump day before US eased beef import tariffs, WSJ reports
The report adds a new dimension to a decision that has drawn strong pushback from US cattle producers already worried about a historically tight national herd.
NewsJBS bids for full control of Pilgrim's Pride in $6.8 billion stock deal
The Brazilian meatpacker's non-binding proposal would delist the US poultry producer, four years after a previous attempt to acquire the remaining shares was withdrawn.
NewsJBS breaks ground for expansion project at Texas, US beef facility
JBS USA broke ground on February 27 for a US$150 million expansion project at its beef production facility in Cactus, Texas, the United States.
NewsJBS to expand poultry operations in Saudi Arabia with US$85 million investment
JBS has announced a US$85 million investment to expand its poultry operations in Saudi Arabia as part of a plan to develop the country into a regional and international center for halal food production and exports.