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JBS S.A. ADR (JBSAY)

- OTCQX
  • Wed, Mar. 4, 7:21 AM
    • JBS (OTCQX:JBSAY) receives approval from the Australian government to buy local producer Primo Group in a deal valued at $1.13B.
    • The acquisition gives JBS an entry into China with Primo Group a meat supplier to different parts of Asia.
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  • Jun. 12, 2014, 2:17 PM
    • After missing out on Hillshire Brands and Smithfield Foods, Brazilian food giant JBS S.A. (JBSAY) has a narrower list of acquisition targets, according to Deutsche Bank.
    • Oscar Meyer (KRFT) and Hormel Foods (HRL) are two big-target options for JBS, while Maple Leaf Foods MFI and Sanderson Farms SAFM are on the lighter side.
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Company Description
JBS is a global leader in beef, lamb and poultry processing and is also heavily involved in pork production. With over 200,000 employees worldwide, the company has more than 300 production units and businesses in the foodstuffs, leather, biodiesel, collagen, metal packaging and cleaning products... More