‘Dual’ listing for huge meat business postponed up until later on in 2024
JBS SA will need to wait up until later on this year for listings on the Brazilian and New York stock exchanges.
The Brazilian-based JBS SA is the moms and dad business of JBS USA, which it obtained in 2007 when it bought the properties of Swift & & Co and turned into one of the dominant gamers in the North American meat and poultry market.
JBS SA is the biggest meat processing business worldwide, producing factory-processed beef, chicken, salmon and pork and offering spin-offs from processing these meats. It is headquartered in São Paulo. It was established in 1953 in Anápolis, Goiás. Since 2023, the business had about 500 plants and business representations in 24 nations, and its items reach customers in 180 nations.
The current hold-up is the 2nd because JBS SA looked for "double" ...