Meatpacking Giant JBS Debuts on NYSE Six Months After $5m Trump Donation
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Meatpacking giant JBS debuts on NYSE six months after $5m Trump donation
JBS, the world’s largest meatpacking company, began trading on the New York Stock Exchange on June 13, just six months after its U.S. subsidiary, Pilgrim’s Pride, made a $5 million donation to Donald Trump’s 2025 inauguration, the single largest contribution to the event. The Brazil-founded company has sought a U.S. listing for more than a […]
The JBS operation negotiated in New York was closed on high this Thursday (25), after the ceremony marking the brazilian company's star in Wall Street. The paper closed the session with a height of 0.43%, to US$ 13.87. The JBS arrived in New York on the last day 13. In Brazil, the BDR — certificate representing Brazilian companies in New York — JBSS32 rose 1.23%, R$ 75.92. The JBS executives played the stage marking the start of the campaign in …
Company actions began to be negotiated at Nyse on the last day 13
The JBS published today during its Investor Day in New York showing the potential for business valuation in the coming years, in terms of both the expansion of the expected multiple with the list in New York on organic growth and through M&As of the company. Today the company of the Batista brothers is worth $14.8 billion in Bolsa and trades to a multiple of 4.8x EV/EBITDA. Already companies in the same sector — such as Tyson Foods, Pilgrim’s Pr…
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